Company: ABTC
Filing Date: 2025-09-03
Form Type: 8-K
Source: 0001213900-25-083726
Chunk: 0

Company: American Bitcoin Corp.
Filing Date: 2025-09-03
Form: 8-K
Item: Item 1.02
Chunk 0
---
Item 1.02 Termination
of a Material Definitive Agreement.

Concurrently with the Closing,
the Combined Company repaid all obligations outstanding under, and concurrently terminated, the Loan, Guaranty and Security Agreement,
dated as of October 25, 2024 (the “ Loan Agreement”), by and among Anchorage Lending CA, LLC, Gryphon and certain of
Gryphon’s subsidiaries party thereto. A summary of the material terms and conditions of the Loan Agreement is contained in our
Current Report on Form 8-K filed with the SEC on October 28, 2024.

Item 2.01 Completion
of Acquisition or Disposition of Assets.

The disclosure set forth
in the “ Introductory Note” above is incorporated into this Item 2.01 by reference.

Item 3.02 Unregistered
Sales of Equity Securities.

The disclosure set forth
in the “ Introductory Note” above is incorporated into this Item 5.03 by reference. The Combined Company Class B Common
Stock issued as Merger Consideration pursuant to the terms of the Merger Agreement was issued in reliance upon the exemption from registration
under Section 4(a)(2) of the Securities Act of 1933, as amended (the “ Securities Act”).

Item 3.03 Material
Modification to Rights of Security Holders.

The disclosure set forth
in the “ Introductory Note” above and in the third paragraph of Item 5.01 is incorporated into this Item 3.03 by reference.

Reverse Stock Split