Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 201

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 201
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 “applicable financial statement;” and •holders that hold ABTC Common Stock as part of a hedge, straddle, constructive sale, conversion or other integrated or similar transaction. In addition, this discussion does not address any U.S. federal estate, gift, Medicare and any alternative minimum tax considerations or any state, local and non -U.S. tax considerations, relating to the ownership or disposition of ABTC Common Stock. For purposes of this discussion, a “ U.S. Holder” is a beneficial owner of ABTC Common Stock that is, for U.S. federal income tax purposes: •a citizen or individual resident of the United States; •a corporation (or other entity treated as a corporation for U.S. federal income tax purposes) that is created or organized in or under the laws of the United States, any state thereof or the District of Columbia; •an estate, the income of which is includible in gross income for U.S. federal income tax purposes regardless of its source; or •a trust if (a) a court within the United States is able to exercise primary supervision over the administration of the trust and one or more U.S. persons have the authority to control all substantial decisions of the trust or (b) it has made a valid election to be treated as a United States person for U.S. federal income tax purposes. If a partnership (or any entity or arrangement treated as a partnership for U.S. federal income tax purposes) holds shares of ABTC Common Stock, the U.S. federal income tax treatment of the partnership and its partners will generally depend upon the status of the partner and the activities of the partnership. Partnerships that hold shares of ABTC Common Stock and their partners should consult their tax advisors regarding the U.S. federal income tax considerations of the Mergers to them. Each holder of ABTC common stock should consult its tax advisor with respect to the particular tax consequences of the MERGERS to them in light of their particular circumstances, including the effects of u.s. federal, state and local and non -u .s. tax laws. U.S. Federal Income Tax Considerations of the Mergers to U.S. Holders Gryphon and ABTC intend for the Mergers, taken together, to qualify as a “reorganization” within the meaning of Section 368(a) of the Code. However, it is not a condition to either party’s obligations to complete the transaction that the Mergers qualify as a reorganization. Moreover, neither Gryphon nor