Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 406

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 406
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 to approve the fees and other retention terms of the advisors. 234 CERTAIN RELATIONSHIPS AND RELATED-PARTY TRANSACTIONS Gryphon Transactions Our Code of Ethics requires us to avoid, wherever possible, all related party transactions that could result in actual or potential conflicts of interests, except under guidelines approved by the Gryphon Board (or the audit committee). Related -partytransactions are defined as transactions in which (i) the aggregate amount involved will or may be expected to exceed $120,000 in any calendar year, (ii) the Company or any of its subsidiaries is a participant and (iii) any (a) executive officer, director or nominee for election as a director, (b) greater than 5% beneficial owner of shares of Gryphon Common Stock or (c) immediate family member, of the persons referred to in clauses (a) and (b), has or will have a direct or indirect material interest (other than solely as a result of being a director or a less than 10% beneficial owner of another entity). A conflict of interest situation can arise when a person takes actions or has interests that may make it difficult to perform his or her work objectively and effectively. Conflicts of interest may also arise if a person or a member of his or her family, receives improper personal benefits as a result of his or her position. Our audit committee, pursuant to its written charter, is responsible for reviewing and approving related -partytransactions to the extent we enter into such transactions. The audit committee will consider all relevant factors when determining whether to approve a related -partytransaction, including whether the related party transaction is on terms no less favorable to us than terms generally available from an unaffiliated third -partyunder the same or similar circumstances and the extent of the related party’s interest in the transaction. In addition to the compensation arrangements in the section titled “ Gryphon Executive Compensation,” the following is a description of each transaction since January 1, 2023 and each currently proposed transaction, in which: •Gryphon has been or is to be a participant; •the amount involved exceeded or exceeds $120,000; and •any of Gryphon’s directors, executive officers or beneficial holders of more than 5% of any class of Legacy Gryphon’s capital stock or any immediate family member of or person sharing the household with, any of these individuals or entities, had or will have a direct or indirect material interest. On January 13, 2025, the Company entered into a Securities Purchase Agreement (