Company: ABTC
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-069998
Chunk: 276

Company: American Bitcoin Corp.
Filing Date: 2025-07-31
Form: 424B3
Chunk 276
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) reflect target level of performance. RSUs, restricted stock and PSUs are not reflected in the weighted exercise price in column (b) as these awards do not have an exercise price. (2)Column (c) consists of shares available for future issuance under the 2024 Plan. Under the 2024 Plan, Gryphon may grant awards consisting of options, stock appreciation rights, restricted stock, RSUs, performance grants and other grants. Registration with the SEC We intend to file with the SEC a registration statement on Form S -8covering the shares reserved for issuance under the 2025 Plan. Vote Required for Approval The approval of the Plan Amendment Proposal requires the affirmative vote of a majority of all of the votes cast by the holders of Gryphon Common Stock present or represented by proxy at the Special Meeting. Abstentions and broker non -votes, if any, will have no effect on the Stock Issuance Proposal. Certain Gryphon stockholders have agreed to vote any shares of Gryphon Common Stock owned by them in favor of the Plan Amendment Proposal. Please see the section titled “ Agreements Related to the Merger Agreement — Gryphon Support Agreements” beginning on page 123 of this proxy statement/prospectus for more information. Unless otherwise instructed, it is the intention of the persons named in the accompanying proxy card to vote shares represented by properly executed proxy cards “FOR” the approval of the Plan Amendment Proposal. Recommendation of the Gryphon Board THE GRYPHON BOARD UNANIMOUSLY RECOMMENDS THAT STOCKHOLDERS VOTE
“FOR” THE PLAN AMENDMENT PROPOSAL.

149 THE ADJOURNMENT PROPOSAL (PROPOSAL 10) Overview The Adjournment Proposal, if adopted, will allow the Gryphon Board to adjourn the Special Meeting to a later date or dates, at the determination of the Gryphon Board. The Adjournment Proposal will only be presented to Gryphon stockholders in the event that based upon the tabulated vote at the time of the Special Meeting there are insufficient votes for or otherwise in connection with, the approval of the Stock Issuance Proposal, the Charter Proposal, the Advisory Charter Proposals, the Advisory Golden Parachute Proposal and the Plan Amendment Proposal. Consequences if the Adjournment Proposal is Not Approved If the Adjournment Proposal is not approved by Gryphon’s stockholders, the Gryphon Board may not be able to adjourn the Special Meeting to a later date in the event that there are