Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 517

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 517
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. The fair value of approximately $312,000 was determined by the use of a Monte -Carlosimulation model (i) over the period from September 30, 2024 through August 31, 2025 (the estimated date to achieve the remediation of the Nasdaq deficiencies over the period set forth in the CEO Agreement), (ii) a risk -freerate of 4.0%, (iii) volatility of 152.0%, (iv) a starting price of $0.68, (v) a price hurdle $1.00 and (vi) a time hurdle of 10 days, for a derived fair value of $0.56 per share and a derived service period of approximately 0.33 years. F-61

Gryphon Digital Mining, Inc. Notes to the Consolidated Financial Statements For the Years Ended December 31, 2024 and 2023 NOTE 8 — COMMITMENTS AND CONTINGENCIES (cont.) The CEO Agreement also provides Mr. Gutterman with the opportunity to earn an incentive bonus (the “Incentive Bonus”), with will become payable, if ever, in tranches following the Company’s attainment of certain stock price and market capitalization goals. The specific goals are as follows:

|           |     | Company Stock               
 Price Goal                  |     | Company        
 Market         
 Capitalization 
 Goal           |             |     | Amount of Incentive Bonus  
 Payable for Achievement of 
 Tranche Goals              |
|:----------|:----|:----------------------------|:----|:---------------|:------------|:----|:---------------------------|
| Tranche 1 |     | $2.50 based on 30-day VWAP  |     | $              | 150 Million |     | 100% of Base Salary        |
| Tranche 2 |     | $2.50 based on 30-day VWAP  |     | $              | 250 Million |     | 200% of Base Salary        |
| Tranche 3 |     | $5.00 based on 30-day VWAP  |     | $              | 500 Million |     | 300% of Base Salary        |
| Tranche 4 |     | $10.00 based on 30-day VWAP |     | $              | 1 Billion   |     | 500% of Base Salary        |

No Incentive Bonus tranche will become payable unless both the stock price goal and the market capitalization goal (“