Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 66

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 66
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 shares of capital stock of the Combined Company to 735,000,000,000shares, consisting 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. (iii) Proposal 5— To provide for each outstanding share of Class A Common Stock to be entitled to one vote per share, Class B Common Stock to be entitled to 10,000 votes per share and Class C Common Stock to be entitled to ten (10) votes per share. (iv) Proposal 6— To permit any action that is required or permitted to be taken by the stockholders of the Combined Company to be effected by written consent in lieu of a meeting until Voting Threshold Date and after such Voting Threshold Date, no action shall be permitted to be taken by the stockholders of the Combined Company by written consent. (v) Proposal 7— To require the affirmative vote of a supermajority of the holders of capital stock of the Combined Company for certain amendments to the Proposed Charter. Comparison of Rights of Holders of ABTC Common Stock and Combined Company Common Stock Gryphon and ABTC are incorporated under the laws of the State of Delaware. Accordingly, the rights of Gryphon stockholders and ABTC stockholders are governed by the DGCL. As a result of the Mergers, ABTC stockholders who receive shares of Combined Company Common Stock will become Combined Company stockholders. The rights of the Combined Company stockholders will be governed by the DGCL and the Combined Company organizational documents following the Closing and such stockholders will have different rights as holders of Combined Company Common Stock than they had as holders of ABTC Common Stock as a result of the differences between the respective governing documents of ABTC and the Combined Company. For additional information, see the sections titled “ Comparison of Rights of Holders of ABTC and Combined Company Common Stock” and “ Description of Combined Company Capital Stock” in this proxy statement/prospectus. Risk Factors Summary Gryphon and ABTC are both subject to and the Combined Company will be subject to, various risks and uncertainties. In addition