Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 200

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 200
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, orders and authorizations from governmental authorities and make all necessary registrations, declarations and filings with governmental authorities, that are necessary to consummate the Mergers. For a description of the parties’ obligations with respect to regulatory and other governmental approvals related to the Mergers, please see the section titled “ The Merger Agreement — Efforts to Obtain Regulatory Approval” in this proxy statement/prospectus. Certain Material U.S. Federal Income Tax Consequences The following is a discussion of the U.S. federal income tax considerations generally applicable to U.S. Holders of ABTC Common Stock that exchange their ABTC Common Stock for Merger Consideration in the Mergers. This discussion is based on the Code, the Treasury regulations promulgated thereunder, administrative rulings, published positions of the Internal Revenue Service (the “ IRS”) and judicial interpretations thereof, all as currently in effect and all of which are subject to change and to differing interpretations (possibly with retroactive effect) and any such change or interpretation could affect the U.S. federal income tax considerations described herein. This discussion applies only to U.S. Holders that hold their ABTC Common Stock as a capital asset within the meaning of the Section 1221 of the Code (generally, property held for investment). This discussion does not address all aspects of U.S. federal income taxation that may be relevant to U.S. Holders in light of their particular circumstances or to U.S. Holders subject to special treatment under U.S. federal income tax laws, including: •banks or other financial institutions; •mutual funds; •tax -exemptorganizations; •governments or agencies or instrumentalities thereof; •insurance companies; •broker -dealersor dealers in securities; •traders in securities that elect to use a mark -to-marketmethod of accounting; •entities or arrangements treated as partnerships or other pass -throughentities (including S corporations) for U.S. federal income tax purposes (and partners or investors therein); •former citizens or long -termresidents of the United States; •holders that exercise appraisal rights; •regulated investment companies and real estate investment trusts; •holders whose functional currency is not the U.S. dollar; •holders who received their ABTC Common Stock through the exercise of employee stock options, through a tax -qualifiedretirement plan or otherwise as compensation or in connection with the performance of services; 95 •holders required to accelerate the recognition of any item of gross income as a result of such income being recognized on an