Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 255

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 255
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 Proposal, will not be presented to the Gryphon stockholders at the Special Meeting, because they are conditioned on the approval of the Required Proposals. Certain Gryphon stockholders have agreed to vote any shares of Gryphon Common Stock owned by them in favor of the Charter 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 Charter Proposal. Recommendation of the Gryphon Board THE GRYPHON BOARD UNANIMOUSLY RECOMMENDS THAT STOCKHOLDERS VOTE
“FOR” THE CHARTER PROPOSAL. 131 THE ADVISORY CHARTER PROPOSALS (PROPOSALS 3 – 7) Overview of the Advisory Charter Proposals In connection with the Mergers, Gryphon is asking its stockholders to vote upon, on a non -bindingadvisory basis, proposals to approve certain governance provisions contained in the Proposed Charter. This vote is not otherwise required by Delaware law separate and apart from the Charter Proposal. Pursuant to SEC guidance, Gryphon is submitting these provisions to its stockholders separately for approval, allowing stockholders the opportunity to present their separate views on important governance provisions. However, the stockholder votes regarding these proposals are advisory votes and are not binding on Gryphon or the Gryphon Board (separate and apart from the approval of the Charter Proposal). Furthermore, the Closing is not conditioned on the separate approval of the Advisory Charter Proposals (separate and apart from approval of the Charter Proposal). Gryphon stockholders are being asked to approve, on a non -bindingadvisory basis, the following material differences between the Gryphon Charter and the Proposed Charter, which are being presented as five separate sub -proposals(the “ Advisory Charter Proposals”): (a) Advisory Charter Proposal 3— to change the corporate name of the Combined Company to “ American Bitcoin Corp.” at and from the time of the Mergers; (b) Advisory Charter Proposal 4— to change the total number of authorized shares of capital stock of the Combined Company to 735,000,000,000shares, consisting of: (i) 635,000,000,000shares of common stock, $0.0001 par value per share, comprised of