Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 31

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 31
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 non -bindingbasis, the “golden parachute” compensation payments that will or may be made by Gryphon to its named executive officers in connection with the Mergers, as required by the Dodd -FrankWall Street Reform and Consumer Protection Act of 2010. (v) The Plan Amendment Proposal ( Proposal 9 ) —To approve, assuming the Stock Issuance Proposal and the Charter Proposal are approved, the 2025 Plan, in the form attached to this proxy statement/prospectus as Annex G. (vi) The Adjournment Proposal ( Proposal 10 )— To approve the adjournment of the Special Meeting to a later date or dates, if necessary, at the determination of the Gryphon Board or the chairman of the Special Meeting. Q:How does the Gryphon Board recommend that I vote? A:The Gryphon Board recommends that you vote “FOR” each of the Proposals. Q:What interests do Gryphon’s current directors and officers have in the Mergers? A:In considering the recommendation of the Gryphon Board to vote in favor of the Proposals, holders of Gryphon Common Stock should be aware that, aside from their interests as stockholders, Gryphon’s directors and officers may have interests in the Mergers that are different from, or in addition to, those of Gryphon’s other stockholders generally. Gryphon’s directors were aware of and considered these interests, among other matters, in evaluating the Mergers, and in recommending that the Gryphon stockholders approve the Proposals. These interests include, among other things, the fact that: •based on the terms of his employment agreement, Steve Gutterman, the Company’s Chief Executive Officer, will be entitled to receive a total value of approximately $2,290,794 in connection with the Closing, which consists of (i) $737,164 as part of severance payments under his employment agreement and (ii) approximately $1,553,630 in value associated with the accelerated vesting of outstanding unvested restricted stock units; •based on the terms of his employment agreement, Simeon Salzman, the Company’s Chief Financial Officer, will be entitled to receive a total value of approximately $412,500 in connection with the Closing, which consists of a severance payment under his employment agreement that is payable in twelve equal monthly installments; •based on the terms of his employment agreement, Eric Gallie, the Company’s Senior Vice President, Energy, will be entitled to receive a total