Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 478

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 478
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 2025, except for the following. Merger Agreement On May 9, 2025, the Company, GDM Merger Sub I Inc., a Delaware corporation and wholly owned direct subsidiary of Gryphon (“Merger Sub Inc.”), GDM Merger Sub II LLC, a Delaware limited liability company and wholly owned direct subsidiary of Gryphon (“Merger Sub LLC”), and American Bitcoin Corp., a Delaware corporation (“ABTC”), entered into an Agreement and Plan of Merger (the “Merger Agreement”). Mergers and Merger Consideration The Merger Agreement provides that, subject to the satisfaction or waiver of the conditions set forth in the Merger Agreement: •Merger Sub Inc. will merge with and into ABTC, with ABTC surviving the merger (the “First Merger”) as a wholly owned direct subsidiary of Gryphon (the corporation surviving the First Merger, the “First Merger Surviving Corporation”); and •immediately after the First Merger, the First Merger Surviving Corporation will merge with and into Merger Sub LLC, with Merger Sub LLC surviving the merger (the “Second Merger” and, taken together with the First Merger, the “Mergers”) as a wholly owned direct subsidiary of the Company (the company surviving the Second Merger, the “Surviving Company”). The Company following the Mergers is referred to herein as the “Combined Company.” The Merger Agreement provides that, prior to the effective time of the First Merger (the “First Effective Time”), The Company will file a new amended and restated certificate of incorporation (the “New Charter”) that, among other things, will (i) rename and reclassify the Company’s existing common stock, into Class A common stock, par value $ 0.0001per share (the “Gryphon Class A Common Stock”), establish a new series of common stock designated as Class B common stock, par value $ 0.0001per share (the “Gryphon Class B Common Stock”) and establish a new series of common stock designated as Class C common stock, par value $ 0.0001per share. Each share of Gryphon Class A Common Stock will be entitled to onevote per share, and each share of Gryphon Class B Common Stock will be entitled to 10,000votes per share.

F-31 Gryphon Digital Mining, Inc.
Notes to the Unaudited Condensed Consolidated Financial Statements
For the Three Months Ended March