Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 242

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 242
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 Mergers and the transactions contemplated by the Merger Agreement and (II) any other action, agreement or transaction reasonably expected to impede, interfere with, delay, postpone or discourage the Mergers. Transfer Restrictions Subject to the terms and conditions set forth in the ABTC Support Agreement, until the earlier of (i) receipt of the ABTC Stockholder Approval and (ii) termination of the ABTC Support Agreement, ABH has agreed not to: •sell, transfer, pledge, encumber, assign, distribute, gift or otherwise dispose of any of ABH’s covered ABTC shares or any interest in those shares; •enter into any contract, option, put, call or other arrangement or understanding with respect to any transfer of any of ABH’s covered ABTC shares or any interest in those shares; •create a lien on any of ABH’s covered ABTC shares or any interest in those shares; •grant or permit the grant of any proxy, power of attorney or other authorization in or with respect to any of ABH’s covered ABTC shares or any interest in those shares; or •take any intentional action that would prevent ABH from performing its obligations under the ABTC Support Agreement. 122 However, the foregoing restrictions do not prohibit the transfer of the covered ABTC shares to any parent, subsidiary or affiliate under common control with ABH or to a partner or member of ABH. As a precondition to any such non -prohibitedtransfer, the transferee must execute an agreement that contains the same substantive covenants regarding voting and transfer as are contained in the ABTC Support Agreement. Other Restrictions Subject to the terms and conditions set forth in the ABTC Support Agreement, ABH has agreed not to commence, join in, facilitate, assist or encourage and has agreed to take all actions necessary to opt out of any class in any class action with respect to any proceeding (a) challenging the validity of any provision of the ABTC Support Agreement or (b) alleging a breach of any fiduciary duty of any person in connection with the ABTC Support Agreement or the Merger Agreement. Termination The ABTC Support Agreement will terminate upon the earlier to occur of the First Effective Time and the termination of the Merger Agreement in accordance with its terms. Gryphon Support Agreements Certain Gryphon stockholders who in the aggregate owned approximately 19.29% of the outstanding shares of Gryphon Common Stock as of May 9, 2025 have entered into Gryphon Support Agreements with ABTC