Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 599

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 599
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 entities. Related parties also include principal owners of ABTC, its management, members of the immediate families of principal owners of ABTC and its management and other parties with which ABTC may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. ABTC discloses all known related party transactions. Cost Allocations from Parent Parent provides significant support functions to ABTC. The Combined Financial Statements reflect an allocation of these costs. Allocated costs included in cost of revenue relate to support primarily consisting of electricity, facilities, repairs and maintenance, and labor which are predominantly allocated based on revenue. Allocated costs included in Selling, general, and administrative expenses primarily relate to finance, human resources, benefits administration, information technology, legal, corporate strategy, corporate governance, other professional services and general commercial support functions and are predominantly allocated based on a percentage of revenue. See Note 1 for a discussion of these costs and the methodology used to allocate them. F-124

American Bitcoin Corp.
Notes to the Audited Combined Financial Statements Note 15. Related party transactions (cont.) Net Parent Investment The net transfers to and from Parent discussed above were as follows:

|                                                                 | (in USD thousands) | Year Ended December 31, |    2024 |     |   |    2023 |   |     |   |   2022 |   |
|:----------------------------------------------------------------|:-------------------|:------------------------|--------:|:----|:--|--------:|:--|:----|:--|-------:|:--|
| Cash pooling and general financing activities                   |                    | $                       |  97,129 |     | $ | (29,577 | ) |     | $ | (8,943 | ) |
| Corporate allocations                                           |                    |                         |  34,970 |     |   |  34,186 |   |     |   | 18,361 |   |
| Net transfers from parent per Combined Statements of Cash Flows |                    |                         | 132,099 |     |   |   4,609 |   |     |   |  9,418 |   |
| Shares issued in the Business Combination                       |                    |                         |       — |     |   | 420,658 |   |     |   |      — |   |
| Parent common stock issued in debt modification                 |                    |