Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 462

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 462
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 option is included in the value of the host instrument). •The Note Payable cannot be converted or exercised if the Lender and its affiliates would beneficially own more than 19.99% of the number of shares of common stock as of the date of the agreement after giving effect to such conversion or exercise without the approval of the Company’s stockholders, for which the Company is required to seek such approval at its next annual meeting of stockholders. NOTE 8 — COMMITMENTS AND CONTINGENCIES Commitments Board Member Compensation On October 31, 2024, the Company’s Board of Directors approved the director’s compensation program, as follows:

| Element                                                |     | Amount |         |
|:-------------------------------------------------------|:----|:-------|--------:|
| Annual equity award                                    |     | $      | 160,000 |
| Annual board cash retainer                             |     | $      |  60,000 |
| Annual Audit Committee Member Retainer                 |     | $      |  10,000 |
| Annual Compensation Committee Member retainer          |     | $      |   7,500 |
| Annual Nominating/Governance Committee Member Retainer |     | $      |   7,500 |
| Annual Board Chair Additional retainer                 |     | $      |  40,000 |
| Annual Audit Chair Additional retainer                 |     | $      |  20,000 |
| Annual Compensation Chair Additional retainer          |     | $      |  15,000 |
| Annual Nominating/Governance Chair Additional retainer |     | $      |  15,000 |

The cash retainers will be paid monthly in arrears. The annual equity award will be in the form of restricted stock units (“RSUs”). The number of RSUs to be granted shall be determined by dividing the dollar amounts stated above by the volume -weightedaverage price (“VWAP”) of the Company’s common stock over the forty -five(45) trading days immediately preceding (but not including) the Grant Date, rounded to the nearest whole RSU. Subject to each grantee’s continued service with the Company through the applicable vesting date, the awards made hereunder shall vest as to one -fourth(1/4) of the RSUs subject to each award (rounded down to the nearest whole share) upon the first four (4) quarterly anniversaries dates.

F-23

Gryphon Digital Mining, Inc.
Notes