Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 255

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 255
---
 to be effected by written consent in lieu of a meeting until the Voting Threshold Date and provide that, after such Voting Threshold Date, no action shall be permitted to be taken by the stockholders of the Combined Company by written consent; and (e) Advisory Charter Proposal 7— to require the affirmative vote of a supermajority of the holders of capital stock of the Combined Company for certain amendments to the Proposed Charter. 132

Summary of Advisory Charter Proposals The following table sets forth a summary of the principal proposed changes and the differences between the Gryphon Charter and the Proposed Charter. This summary is qualified by reference to the complete text of the Proposed Charter, a copy of which is attached to this proxy statement/prospectus as Annex B. All stockholders and other interested parties are encouraged to read the Proposed Charter in its entirety for a more complete description of its terms.

|                                       |     | Gryphon Charter                                                                                                                                                                                                                                                                       |     | Proposed Charter                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Name                                  |     | Gryphon Digital Mining, Inc.                                                                                                                                                                                                                                                          |     | American Bitcoin Corp.                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| Number of Authorized Shares           |     | The Gryphon Charter provides that the total number of authorized shares of all classes of capital stock is 505,000,000 shares, each with a par value of $0.0001 per share, consisting of (i) 500,000,000 shares of Gryphon Common Stock and (ii) 5,000,000 shares of preferred stock. |     | The Proposed Charter provides that the total number of authorized shares of all classes of capital stock is 735,000,000,000 shares, consisting of: (i) 635,000,000,000 shares of common stock, $0.0001 par value per share, comprised of (a) 500,000,000,000 shares of Class A Common Stock, (b) 10,000,000,000 shares of Class B Common Stock and (c) 125,000,000,000 shares of Class C Common Stock; and (ii) 100,000,000,000 shares of preferred stock, $0.0001 par value per share. 
 Upon the Closing, it is expected that there will be approximately 950,241,071 shares of Class A Common Stock outstanding, 3,973,148,493 shares of Class B Common Stock outstanding and 0 shares of Class C Common Stock outstanding. Following the Closing, the Combined Company is not