Company: ABTC
Filing Date: 2025-09-03
Form Type: 424B5
Source: 0001213900-25-083737
Chunk: 33

Company: American Bitcoin Corp.
Filing Date: 2025-09-03
Form: 424B5
Chunk 33
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with such designations, powers, preferences, special rights, qualifications, limitations and restrictions as the board of directors may
determine from time to time. The powers, preferences and relative, participating, optional and other rights of each series of preferred
stock and the qualifications, limitations and restrictions thereof, if any, may differ from those of any and all other series outstanding.
Issuance of preferred stock by the board of directors may result in such shares having dividend and/or liquidation preferences senior
to the rights of the holders of common stock and could dilute the voting rights of the holders of common stock and the likelihood that
such holders will receive dividend payments and payments upon a liquidation.

The board of directors could
authorize the issuance of one or more series of preferred stock that could, depending on the terms of such series, impede a tender offer
or other takeover attempt.

Charter and Bylaw Provisions; Takeover Statutes

A number of provisions in
the Proposed Charter, Proposed Bylaws and the DGCL may have the effect of delaying, deferring or discouraging another person from acquiring
control of us or removing our management.

Multiple Classes
of Stock

As described above under the
heading “Common Stock – Voting Rights,” the Proposed Charter will provide for 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