Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 415

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 415
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 Stock will trade on Nasdaq under Gryphon’s new name, “American Bitcoin Corp.,” and new trading symbol “ABTC.” As of July 25, 2025, there were approximately 268 registered holders of record of Gryphon Common Stock. For detailed information regarding the beneficial ownership of Gryphon, see the section of this proxy statement/prospectus titled “ Beneficial Ownership of Gryphon.” Gryphon has not paid any cash dividends to its stockholders. It is Gryphon’s present intention not to pay any cash dividends in the foreseeable future, but rather to reinvest earnings, if any, in its business operations. The payment of cash dividends in the future will be dependent upon the Combined Company’s revenue and earnings, if any, capital requirements and general financial condition subsequent to the Closing. The payment of any cash dividends subsequent to the Mergers will be within the discretion of the Combined Company Board. ABTC There is no public market for ABTC securities. 239 DESCRIPTION OF COMBINED COMPANY CAPITAL STOCK The following description of the material terms of the Combined Company capital stock is not complete and is qualified in its entirety by reference to the complete text of the Proposed Charter and the Proposed Bylaws, in each case that will be in effect as of the Closing. This description is subject to the detailed provisions of and is qualified by reference to, the Proposed Charter and the Proposed Bylaws, which are attached to this proxy statement/prospectus as Annex B. Authorized Capital Stock The total number of shares of capital stock which the Combined Company shall have authority to issue is 735,000,000,000shares. This authorized capital stock consists of (i) 635,000,000,000shares of common stock, $0.0001 par value per share, comprised of: (a) 500,000,000,000shares of Class A Common Stock, (b) 10,000,000,000shares of Class B Common Stock and (c) 125,000,000,000shares of Class C Common Stock and (ii) 100,000,000,000shares of preferred stock, $0.0001 par value per share (the “ Preferred Stock”). Following the Closing, we estimate that there will be approximately 950,241,071 shares of Class A Common Stock outstanding, 3,973,148,493 shares of Class B Common Stock outstanding and zero shares of Class C Common Stock outstanding. Following the Closing, the Combined Company is not expected to have any shares