Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 600

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 600
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 |       — |     |   |     791 |   |     |   |      — |   |
| Contribution by parent related to debt extinguishment           |                    |                         |  30,420 |     |   |  10,721 |   |     |   |      — |   |
| Stock based compensation funded by parent                       |                    |                         |   9,173 |     |   |   9,107 |   |     |   |  4,933 |   |
| Net transfers from parent per Combined Statements of Equity     |                    | $                       | 171,692 |     | $ | 445,886 |   |     | $ | 14,351 |   |

Note 16. Commitments and contingencies BITMAIN Purchase Agreement The BITMAIN Purchase Agreement includes the following financial commitments: a Bitcoin redemption option, recognized as a derivative asset under ASC 815, measured at fair value at each reporting period, a Miner purchase liabilityrepresenting a commitment to settle the obligation in cash if the redemption right is exercised before expiration, and a derecognition of Digital assets — pledged for miner purchaseif the redemption right is not exercised. Legal and regulatory matters ABTC is subject at times to various claims, lawsuits and governmental proceedings relating to the ABTC’s business and transactions arising in the ordinary course of business. ABTC cannot predict the final outcome of such proceedings. Where appropriate, ABTC vigorously defends such claims, lawsuits and proceedings. Some of these claims, lawsuits and proceedings seek damages, including, consequential, exemplary or punitive damages, in amounts that could, if awarded, be significant. Certain of the claims, lawsuits and proceedings that may arise in ordinary course of business are covered by ABTC’s insurance program. ABTC maintains property and various types of liability insurance in an effort to protect ABTC from such claims. In terms of any matters where there is no insurance coverage available to ABTC, or where coverage is available and ABTC maintains a retention or deductible associated with such insurance, ABTC may establish an accrual for such loss, retention or deductible based on current available information. In accordance with accounting guidance, if it is probable that an asset has been impaired or a liability has been incurred as of the date of the Combined Financial Statements, and the amount of loss is reasonably estimable, then an accrual for the cost to resolve or settle these claims is recorded by ABTC in the accompanying Combined Balance Sheets. If it is reasonably possible that an asset may be