Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 156

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 156
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,000,000,000shares, consisting of: (i) 635,000,000,000shares of common stock, $0.0001 par value per share, comprised of (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) Proposal 5— To provide for each outstanding share of Class A Common Stock to be entitled to one vote per share, Class B Common Stock to be entitled to 10,000 votes per share and Class C Common Stock to be entitled to ten (10) votes per share. (d) 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 Voting Threshold Date and provide that, after such Voting Threshold Date, no action shall be permitted to be taken by the stockholders of the Combined Company by written consent. (e) 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. (iv) Advisory Golden Parachute Proposal (Proposal 8)— To approve, on an advisory and non -bindingbasis, the “golden parachute” compensation payments that will or may be made by Gryphon to its named executive officers in connection with the Mergers, as required by the Dodd -FrankWall Street Reform and Consumer Protection Act of 2010. The Advisory Golden Parachute Proposalis described in more detail in this proxy statement/prospectus under the heading “ Advisory Golden Parachute Proposal (Proposal 8).” 65 (v) The Plan Amendment Proposal ( Proposal 9 )— To approve, assuming the Stock Issuance Proposal and the Charter Proposal are approved, the 2025 Plan, in the form attached to this proxy statement/prospectus as Annex G. The Plan Amendment Proposal is described in more detail in this proxy statement/prospectus under the heading “ The Plan Amendment Proposal (Proposal 9).” (vi) The Adjournment Proposal ( Proposal 10 )— To approve the adjournment of the Special Meeting to a later date or dates, if necessary,