Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 233

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 233
---
 Registration Statement as is required to enable Gryphon’s use of its ATM facility as permitted by the terms of the Merger Agreement. Name and Ticker Each of Gryphon and ABTC have agreed to cooperate to change the Combined Company’s name to “American Bitcoin Corp.” and ticker symbol to “ABTC” effective as of the Closing. Gryphon Reverse Stock Split Gryphon has agreed to use its reasonable efforts to, as promptly as practicable, convene a special meeting of Gryphon stockholders for the purpose of approving a reverse split of all issued and outstanding shares of Gryphon Common Stock, at a reverse stock split ratio in the range of 1:2 to 1:40, as mutually agreed to by Gryphon and ABTC (referred to as the “ Gryphon reverse stock split”) and to solicit proxies from Gryphon stockholders in favor of the Gryphon reverse stock split. If the Gryphon reverse stock split is approved at such special meeting, then as promptly as practicable following the written request of ABTC at any time prior to the effectiveness of the Proposed Charter, Gryphon has agreed to file an amendment to its certificate of incorporation with the Delaware Secretary of State to effect the Gryphon reverse stock split. On May 24, 2024, Gryphon stockholders voted to approve the Gryphon reverse stock split, to occur at any time prior to the one -yearanniversary date of the date of the meeting, with the exact ratio to be determined by the Gryphon Board. Release of Certain Liens Gryphon has agreed to cause certain liens listed in Gryphon’s disclosure schedule and any other liens on the assets of Gryphon that ABTC may reasonably request, to be released and terminated on or prior to the Closing Date and to provide evidence of such releases and terminations to ABTC, in form and substance reasonably satisfactory to ABTC. Public Announcements Each of Gryphon and ABTC have agreed to cooperate in connection with public announcements. Notice of Certain Events Each of Gryphon and ABTC have agreed to promptly advise the other party in writing of (a) any communication from any person alleging that such person’s consent is or may be required in connection with the transactions contemplated by the Merger Agreement, (b) any communication from any governmental authority in connection with the transactions contemplated by the Merger Agreement, (c) any proceedings commenced or, to its knowledge, threatened against Gryphon or ABTC or their respective subsidiaries that, if pending on the date of the Merger Agreement, would