Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 118

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 118
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 but not limited to: •the presence of construction or repair defects or other structural or building damage; •any noncompliance with or liabilities under applicable environmental, health or safety regulations or requirements or building permit requirements; •any damage resulting from natural or manmade disasters; •claims by employees and others for injuries sustained at facilities at which ABTC hosts its Bitcoin miners. The measures ABTC takes to protect against these risks may not be sufficient. The realization of any hazard or operational risk may result in business interruption, liability or litigation. ABTC maintains an amount of insurance protection that it considers adequate, but ABTC cannot provide any assurance that its insurance will be sufficient or effective under all circumstances and against all hazards or liabilities to which ABTC may be subject and, even if ABTC does have insurance coverage for a particular circumstance, ABTC may be subject to a large deductible and maximum cap. ABTC carries liability, property, business interruption and other insurance policies to cover certain insurable risks to it. ABTC selects the types of insurance, the limits and the deductibles based on ABTC’s specific risk profile, the cost of the insurance coverage versus its perceived benefit and general industry standards. ABTC’s insurance policies contain certain industry standard exclusions for events such as war and nuclear reaction. A successful claim for which ABTC is not fully insured could materially harm ABTC’s business, financial condition and results of operations. Further, due to rising insurance costs and changes in the insurance markets, ABTC cannot provide any assurance that its insurance coverage will continue to be available at all or at rates or on terms similar to those presently available. Any losses not covered by insurance could have a material adverse effect on ABTC’s business, financial condition and results of operations. ABTC is subject to risks associated with its need for significant electrical power. ABTC’s operations require significant amounts of electrical power and ABTC’s business, financial condition and results of operations may be impacted by the unavailability of power and price fluctuations in the power market. Market prices for power, capacity and other ancillary services are unpredictable and tend to fluctuate substantially. Unlike most other commodities, electric power can only be stored on a very limited basis and generally must be 43 produced concurrently with its use. As a result, power prices are subject to significant volatility due to supply and demand imbalances, especially in the day -aheadand spot markets. Power availability and prices may also be materially impacted by other factors outside of ABTC’s control, including: •changes in generation capacity in the