Company: ABTC
Filing Date: 2025-09-03
Form Type: 424B5
Source: 0001213900-25-083737
Chunk: 38

Company: American Bitcoin Corp.
Filing Date: 2025-09-03
Form: 424B5
Chunk 38
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 any corporate opportunity offered to any director or officer if such opportunity is expressly offered
to such person in writing solely in his or her capacity as our director or officer.

The Proposed Charter will
provide that the Class B Stockholder Group will have no duty to refrain from (i) engaging in a corporate opportunity in the
same or similar lines of business in which we or our affiliates engage or propose to engage in or (ii) otherwise competing with us
or our affiliates. In the event that the Class B Stockholder Group acquires knowledge of a potential transaction or other business
opportunity that may be a corporate opportunity, such person will have no duty to communicate or offer such transaction or business opportunity
to us or our affiliates and they may take any such opportunity for themselves or offer it to another person or entity unless such knowledge
was acquired solely in such person’s capacity as our director or officer.

Limitation on Liability and Indemnification
of Officers and Directors

The DGCL authorizes corporations
to limit or eliminate the personal liability of directors and officers to corporations and their stockholders for monetary damages for
breaches of fiduciary duties, subject to certain exceptions. The Proposed Charter will include a provision that eliminates the personal
liability of directors and officers for monetary damages for any breach of fiduciary duty as a director or officer, except to the extent
such exemption from liability or limitation thereof is not permitted under the DGCL. The effect of these provisions will be to eliminate
the rights of us and our stockholders, through stockholders’ derivative suits on our behalf, to recover monetary damages from a
director for breach of fiduciary duty as a director, including breaches resulting from grossly negligent behavior. This provision will
not limit or eliminate the liability of any officer in any action by us or in our right, including any derivative claims. Exculpation
under this provision will not apply to any director or officer if the director or officer has breached the duty of loyalty to us and our
stockholders, acted in bad faith, knowingly or intentionally violated the law, authorized illegal dividends or redemptions or derived
an improper benefit from their actions as a director or officer.

The Proposed Charter will
provide that we must generally indemnify and advance expenses to, our directors and officers to the fullest extent authorized by the DGCL. We
are also expressly authorized to carry directors’ and officers’ liability insurance providing indemnification for our directors,
officers and certain employees for some liabilities. It is also