Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 234

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 234
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 agreed to take all necessary actions to cause the shares of Class A Common Stock issuable in connection with the Mergers to be approved for listing on the Nasdaq no later than the First Effective Time (subject to official notice of issuance), including by submitting a related initial listing application with Nasdaq prior to the Closing. ABTC has agreed to cooperate in connection with such actions. Gryphon has also agreed to use reasonable best efforts to maintain its listing on the Nasdaq prior to the Closing and to notify ABTC of any notice Gryphon receives that it has failed to satisfy any Nasdaq listing requirement or any other material communication from Nasdaq in respect thereof. 115 Gryphon At-The-Market Offering Gryphon and ABTC have agreed that, within a reasonable time following the initial filing of the Registration Statement with the SEC, Gryphon will file with the SEC a Current Report on Form 8 -Kcontaining such material information from the Registration Statement as is required to enable Gryphon’s use of its ATM facility as permitted by the terms of the Merger Agreement. Name and Ticker Each of Gryphon and ABTC have agreed to cooperate to change the Combined Company’s name to “American Bitcoin Corp.” and ticker symbol to “ABTC” effective as of the Closing. Gryphon Reverse Stock Split Gryphon has agreed to use its reasonable efforts to, as promptly as practicable, convene a special meeting of Gryphon stockholders for the purpose of approving a reverse split of all issued and outstanding shares of Gryphon Common Stock, at a reverse stock split ratio in the range of 1:2 to 1:40, as mutually agreed to by Gryphon and ABTC (referred to as the “ Gryphon reverse stock split”) and to solicit proxies from Gryphon stockholders in favor of the Gryphon reverse stock split. If the Gryphon reverse stock split is approved at such special meeting, then as promptly as practicable following the written request of ABTC at any time prior to the effectiveness of the Proposed Charter, Gryphon has agreed to file an amendment to its certificate of incorporation with the Delaware Secretary of State to effect the Gryphon reverse stock split. On May 24, 2024, Gryphon stockholders voted to approve the Gryphon reverse stock split, to occur at any time prior to the one -yearanniversary date of the date of the meeting, with the exact ratio to be determined by the Gryphon Board. Release of Certain Liens Gryphon has agreed to cause certain liens listed in Gry