Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 297

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 297
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 be independent for purposes of Rule 10A -3of the Exchange Act, a member of an audit committee of a listed company may not, other than in his capacity as a member of Gryphon’s audit committee, the Gryphon Board or any other committee of the Gryphon Board: (i) accept, directly or indirectly, any consulting, advisory or other compensatory fee from the listed company or any of its subsidiaries; or (ii) be an affiliated person of the listed company or any of its subsidiaries. 163 Committees of the Gryphon Board Presently, the Gryphon Board has the following standing committees: Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. Each of the standing committees is composed solely of independent directors. Audit Committee Gryphon has established an audit committee of the Gryphon Board. Mr. Vaiopoulos, Ms. Kaiser and Ms. Billingsley serve as the members of the Gryphon audit committee. Under the Nasdaq listing standards and applicable SEC rules, Gryphon is required to have three members of the audit committee, all of whom must be independent. Each of Mr. Vaiopoulos, Ms. Kaiser and Ms. Billingsley are independent. Mr. Vaiopoulos serves as the chair of the audit committee. Each member of the audit committee is financially literate and the Gryphon board has determined that Mr. Vaiopoulos qualifies as an “audit committee financial expert” as defined in applicable SEC rules. Gryphon has adopted an audit committee charter, which details the principal responsibilities of the audit committee, including: •To assist board oversight of (i) the integrity of Gryphon financial statements, (ii) Gryphon’s compliance with legal and regulatory requirements, (iii) Gryphon’s independent auditor’s qualifications and independence and (iv) the performance of Gryphon’s internal audit function and independent auditors; the appointment, compensation, retention, replacement and oversight of the work of the independent auditors and any other independent registered public accounting firm engaged by Gryphon. •To (i) approve all audit engagement fees and terms and (ii) pre -approveall audit and permitted non -auditand tax services that may be provided by Gryphon’s independent auditors or other registered public accounting firms. •At least annually, to evaluate the qualifications, performance and independence of the Company’s independent auditors, including an evaluation of the lead audit partner; and to assure the regular rotation of the lead audit partner at the Company’s independent auditors and consider regular rotation of the accounting firm serving