Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 716

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 716
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, development, occurrence, change or effect has on other companies operating in the industry in which Parent and its Subsidiaries operate. “ Parent Owned IP ” means all Intellectual Property owned or purported to be owned by Parent or its Subsidiaries. “ Parent Reverse Split ” means a reverse stock split of all issued and outstanding shares of Parent Common Stock that is effected (a) prior to the Parent Charter Amendment, at a reverse stock split ratio in the range of 1:2 to 1:40 and as mutually agreed to by Parent and the Company or (b) otherwise as part of the Parent Charter Amendment, in each case effected by Parent for the purpose of compliance with Nasdaq listing standards. “ Parent Service Provider ” means any current or former director, officer, employee, individual independent contractor or other service provider of Parent or any of its Subsidiaries. “ Parent Stock Plan ” means the Parent 2024 Omnibus Incentive Plan, as amended. “ PBGC ” means the Pension Benefit Guaranty Corporation. “ Permitted Lien ” means any (a) Liens for Taxes, assessments or other charges of a Governmental Authority not yet due and payable or which are being contested in good faith by appropriate proceedings and, in each case, with respect to which adequate reserves have been established in accordance with GAAP; (b) Liens under purchase money and capital lease arrangements, carriers’, warehousemen’s, mechanics’, workers’, materialmen’s, laborers’, repairmen’s, suppliers’, vendors’ or other similar Liens, in each case, arising in the ordinary course of business and that are (i) not yet due or delinquent or (ii) being contested in good faith by appropriate proceedings and, in each case, with respect to which adequate reserves have been established in accordance with GAAP; (c) pledges or deposits in connection with workers’ compensation, unemployment insurance and other social security legislation, in each case, arising in the ordinary course of business; (d) easements, rights-of-way, covenants, declarations, conditions, reservations, restrictions, encroachments, servitudes, rights, licenses, leases, permits and other instruments or encumbrances and all matters of record and other imperfections of title that do not, individually or in the aggregate, Annex A-58 materially detract from the value or the use of the property subject thereto; (e) statutory, common law or contractual Liens imposed on the underlying fee interest of the subject