Company: ABTC
Filing Date: 2025-09-03
Form Type: 424B5
Source: 0001213900-25-083737
Chunk: 36

Company: American Bitcoin Corp.
Filing Date: 2025-09-03
Form: 424B5
Chunk 36
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203 of the DGCL
generally prohibits “business combinations,” including mergers, sales and leases of assets, issuances of securities and similar
transactions by a corporation or a subsidiary with an interested stockholder who beneficially owns 15% or more of a corporation’s
voting stock, within three (3) years after the person or entity becomes an interested stockholder, unless: (i) the board of
directors of the target corporation has approved, before the acquisition time, either the business combination or the transaction that
resulted in the person becoming an interested stockholder, (ii) upon consummation of the transaction that resulted in the person
becoming an interested stockholder, the person owns at least 85% of the corporation’s voting stock (excluding shares owned by directors
who are officers and shares owned by employee stock plans in which participants do not have the right to determine confidentially whether
shares will be tendered in a tender or exchange offer) or (iii) after the person or entity becomes an interested stockholder, the
business combination is approved by the board of directors and authorized at a meeting of stockholders by the affirmative vote of at least
66 2∕3% of the outstanding voting stock not owned by the interested stockholder.

A Delaware corporation may
elect in its certificate of incorporation or bylaws not to be governed by this particular Delaware law. We will opt out of Section 203
of the DGCL in the Proposed Charter and will therefore not be subject to Section 203.

Forum Selection

The Proposed Charter will
provide that, unless we consent in writing to the selection of an alternative forum, the Court of Chancery of the State of Delaware (or,
in the event that the Chancery Court does not have jurisdiction, the federal district court for the District of Delaware or other state
courts of the State of Delaware) will be the sole and exclusive forum for: (i) any derivative action, suit or proceeding brought
on behalf of us; (ii) any action, suit or proceeding asserting a claim of breach of a fiduciary duty owed by any of our directors,
officers or stockholders to us or to our stockholders; (iii) any action, suit or proceeding arising pursuant to the DGCL, the Proposed
Charter or the Proposed Bylaws (as any of the foregoing may be amended from time to time); (iv) any action, suit or proceeding as
to which the DGCL confers jurisdiction