Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 69

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 69
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 may decline following the Closing. •The rights of ABTC stockholders who become Combined Company stockholders in the Mergers and Gryphon stockholders following the Mergers will be governed by the Proposed Charter. Market Price and Dividend Information The closing price of Gryphon Common Stock on May 8, 2025, the last trading day prior to the public announcement of the Mergers, was $0.4078 per share and the closing price of Gryphon Common Stock on, 2025 was $per share, in each case as reported on Nasdaq. As of, 2025, which is the Record Date for the Special Meeting, there were approximatelyholders of record of Gryphon Common Stock. Because the market price of Gryphon Common Stock is subject to fluctuation, the market value of the shares of Combined Company Common Stock that ABTC stockholders will be entitled to receive in the Mergers may increase or decrease. ABTC is a private company and ABTC Common Stock is not publicly traded. Appraisal Rights and Dissenters’ Rights Under the DGCL, Gryphon stockholders are not entitled to appraisal or dissenters’ rights in connection with the Mergers. Under the DGCL, ABTC stockholders who hold voting common stock are entitled to appraisal rights in connection with the Mergers. For more information, please see the section titled “ The Mergers –– Appraisal Rights and Dissenters’ Rights” in this proxy statement/prospectus. 15 Dividends 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. 16 Risk FACTORS The Combined Company (for the purpose of this “Risk Factors” section, “we,” “us” and “our”) will be faced with a market environment that cannot be predicted and that involves significant risks and uncertainties, many of which will be beyond our control. Investing in the Class A Common Stock of the Combined Company involves a high degree of risk. The Combined Company’s business, prospects, financial condition and results of operations could be materially and adversely affected by a manifestation