Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 284

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 284
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17, 2025 of $1.32 and the number of shares of Combined Company Common Stock that would be issued to Gryphon stockholders to achieve the same ownership ratio of the Combined Company. If the transaction had occurred on May 9, 2025, the date of the Merger Agreement, the estimated preliminary fair values of the identifiable assets and liabilities (and related tax impacts) of the Combined Company and the purchase consideration would be as follows (in thousands):

| Assets acquired:                 |     |   |         |   |
|:---------------------------------|:----|:--|--------:|:--|
| Cash and cash equivalents        |     | $ |     318 |   |
| Accounts receivable              |     |   |     175 |   |
| Prepaid expenses                 |     |   |   1,412 |   |
| Marketable securities            |     |   |      49 |   |
| Digital assets                   |     |   |     787 |   |
| Mining equipment, net            |     |   |   2,125 |   |
| Deposits                         |     |   |     975 |   |
| Total assets                     |     |   |   5,841 |   |
| Total liabilities assumed:       |     | $ |  (9,834 | ) |
| Net assets acquired              |     | $ |  (3,993 | ) |
| Estimated purchase consideration |     | $ | 136,560 |   |
| Goodwill                         |     | $ | 140,553 |   |

156

The consideration for the Transactions is summarized below (in thousands, except share data), assuming the Transactions occurred on July17, 2025:

| Shares of Combined Company Common Stock issued to ABTC stockholders in connection with the Transactions at an exchange ratio resulting in ABTC stockholders collectively owning approximately 98.0% of the Combined Company Common Stock, on a fully diluted basis 
 Shares of Combined Company Common Stock held by Gryphon stockholders, upon the effectiveness of the Transaction, collectively representing approximately 2.0% of the Combined Company Common Stock, on a fully diluted basis                                       
 Total shares of Combined Company Common Stock                                                                                                                                                                                                                      |     |   | 5,069,277,898 
   103,454,651 
 5,172,732,549 |
|:-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:--|--------------:|
| Gryphon stock price on