Company: ABTC
Filing Date: 2025-08-06
Form Type: S-3
Source: 0001213900-25-072233
Chunk: 13

Company: American Bitcoin Corp.
Filing Date: 2025-08-06
Form: S-3
Chunk 13
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 a triple class common stock structure,
which will provide holders of the Class B Common Stock with significant influence over all matters requiring stockholder approval,
including the election of directors and significant corporate transactions, such as a merger or other sale of us or our assets.

Undesignated Preferred
Stock

The ability to authorize undesignated
preferred stock will make it possible for the board of directors to issue preferred stock with voting or other rights or preferences that
could impede the success of any attempt to effect a change in control of us. These and other provisions may have the effect of deterring
hostile takeovers or delaying changes in control or our management.

Stockholder Action
by Written Consent

The Proposed Charter will
provide that from and after the date at which the holders of Class B Common Stock cease to represent at least 50% of total voting power
of the outstanding shares of our capital stock then entitled to vote generally in the election of our directors (the “Voting Threshold Date”), no action may be taken by our stockholders by written consent. Prior to the Voting Threshold Date, action
may be taken by our stockholders by written consent.

Advance Notice of
Proposals and Nominations

The Proposed Charter and Proposed
Bylaws will establish advance notice procedures with respect to stockholder proposals and the nomination of candidates for election as
directors, other than nominations made by or at the direction of the board of directors or a committee thereof.

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Classified Board;
Election and Removal of Directors; Filing Vacancies

The Proposed Charter will
provide that the board of directors will be divided into three classes, Class I, Class II and Class III, divided as nearly
as equal in number as possible. The directors in each class will serve for a three-year term, one class being elected each year by
our stockholders, with staggered three-year terms. Class I directors shall initially serve for a term expiring at the first annual
meeting of our stockholders following the closing of the Mergers, Class II directors shall initially serve for a term expiring at
the second annual meeting of our stockholders following the closing of the Mergers and Class III directors shall initially serve
for a term expiring at the third annual meeting of our stockholders following the closing of the Mergers. Only one class of directors
will be elected at each annual meeting of our stockholders, with the other classes continuing for the remainder of their respective three-year terms