Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 261

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 261
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 of the shares of Gryphon Common Stock represented in person, online or by proxy and entitled to vote thereon at the Special Meeting. Abstentions and broker non -votes, if any, will have no effect on the outcome of any of the Advisory Charter Proposals. As discussed above, the Advisory Charter Proposals are advisory votes and therefore are not binding on Gryphon or the Gryphon Board. Furthermore, the Mergers are not conditioned on the separate approval of the Advisory Charter Proposals (separate and apart from approval of the Charter Proposal). Accordingly, regardless of the outcome of the non -bindingadvisory votes on the Advisory Charter Proposals, Gryphon intends that the Proposed Charter will take effect upon the Closing (assuming approval of the Charter Proposal and Stock Issuance Proposal). Certain Gryphon stockholders have agreed to vote any shares of Gryphon Common Stock owned by them in favor of the Advisory Charter Proposals. Please see the section titled “ Agreements Related to the Merger Agreement — Gryphon Support Agreements” beginning on page 123 of this proxy statement/prospectus for more information. Unless otherwise instructed, it is the intention of the persons named in the accompanying proxy card to vote shares represented by properly executed proxy cards “FOR” the approval of each of the Advisory Charter Proposals. Recommendation of the Gryphon Board THE GRYPHON BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT
STOCKHOLDERS VOTE “FOR” EACH OF THE ADVISORY CHARTER PROPOSALS. 138 ADVISORY GOLDEN PARACHUTE PROPOSAL (PROPOSAL 8) In connection with the Mergers, Gryphon is asking its stockholders to vote upon, on a non -bindingadvisory basis, 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. This proposal, commonly known as “say -on-goldenparachute” and which is referred to in this proxy statement/prospectus as the “golden parachute” compensation proposal, gives Gryphon stockholders the opportunity to vote on an advisory (non -binding) basis on the “golden parachute” compensation payments that will or may be paid by Gryphon to its named executive officers in connection with the Mergers. The “golden parachute” compensation that Gryphon’s named executive officers may