Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 243

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 243
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 counted as present thereat for purposes of calculating a quorum; and •vote its covered ABTC shares in favor of (i) the adoption of the Merger Agreement and approval of the transactions contemplated thereby, including by delivering the ABTC Written Consent within three business days after the Registration Statement becomes effective under the Securities Act, (ii) adoption and approval of any other proposals as (A) the SEC may indicate necessary in its comments to the Registration Statement or (B) reasonably agreed by Gryphon and ABTC to be necessary or appropriate in connection with the transactions and (iii) the approval of any proposal to adjourn the ABTC stockholder meeting to a later date, if there are not sufficient affirmative votes to obtain the required ABTC vote to approve any of the foregoing on the date on which such meeting is held; and against (I) any proposal with respect to ABTC in opposition to or in competition with, the Mergers and the transactions contemplated by the Merger Agreement and (II) any other action, agreement or transaction reasonably expected to impede, interfere with, delay, postpone or discourage the Mergers. Transfer Restrictions Subject to the terms and conditions set forth in the ABTC Support Agreement, until the earlier of (i) receipt of the ABTC Stockholder Approval and (ii) termination of the ABTC Support Agreement, ABH has agreed not to: •sell, transfer, pledge, encumber, assign, distribute, gift or otherwise dispose of any of ABH’s covered ABTC shares or any interest in those shares; •enter into any contract, option, put, call or other arrangement or understanding with respect to any transfer of any of ABH’s covered ABTC shares or any interest in those shares; •create a lien on any of ABH’s covered ABTC shares or any interest in those shares; •grant or permit the grant of any proxy, power of attorney or other authorization in or with respect to any of ABH’s covered ABTC shares or any interest in those shares; or •take any intentional action that would prevent ABH from performing its obligations under the ABTC Support Agreement. 122 However, the foregoing restrictions do not prohibit the transfer of the covered ABTC shares to any parent, subsidiary or affiliate under common control with ABH or to a partner or member of ABH. As a precondition to any such non -prohibitedtransfer, the transferee must execute an agreement that contains the same substantive covenants regarding voting and transfer as are contained in the ABTC