Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 256

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 256
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 (a) 500,000,000,000shares of Class A Common Stock, (b) 10,000,000,000shares of Class B Common Stock and (c) 125,000,000,000shares of Class C Common Stock; and (ii) 100,000,000,000shares of preferred stock, $0.0001 par value per share; (c) Advisory Charter Proposal 5— to provide for each outstanding share of (i) Class A Common Stock to be entitled to one vote per share, (ii) Class B Common Stock to be entitled to 10,000 votes per share and (iii) Class C Common Stock to be entitled to ten (10) votes per share; (d) Advisory Charter Proposal 6— to permit any action that is required or permitted to be taken by the stockholders of the Combined Company to be effected by written consent in lieu of a meeting until the Voting Threshold Date and after such Voting Threshold Date, no action shall be permitted to be taken by the stockholders of the Combined Company by written consent; and (e) Advisory Charter Proposal 7— to require the affirmative vote of a supermajority of the holders of capital stock of the Combined Company for certain amendments to the Proposed Charter. 132

Summary of Advisory Charter Proposals The following table sets forth a summary of the principal proposed changes and the differences between the Gryphon Charter and the Proposed Charter. This summary is qualified by reference to the complete text of the Proposed Charter, a copy of which is attached to this proxy statement/prospectus as Annex B. All stockholders and other interested parties are encouraged to read the Proposed Charter in its entirety for a more complete description of its terms.

|                                       |     | Gryphon Charter                                                                                                                                                                                                                                                                       |     | Proposed Charter                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Name                                  |     | Gryphon Digital Mining, Inc.                                                                                                                                                                                                                                                          |     | American Bitcoin Corp.                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| Number of Authorized Shares           |     | The Gryphon Charter provides that the total number of authorized shares of all classes of capital stock is 505,000,000 shares, each with a par value of $0.0001 per share, consisting of (i) 500,000,000 shares of Gryphon Common Stock and (ii) 5,000,000 shares of preferred stock. |     | The Proposed Charter provides that the total number of authorized shares of all classes of capital stock is 735,000,000,