Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 16

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 16
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 of the shares is otherwise affected by a stock dividend, extraordinary dividend or distribution (whether in cash, shares or other property, other than a regular cash dividend) recapitalization, stock split, reverse stock split, subdivision, combination, consolidation, reclassification, spin -offor similar change in the capital structure of the Combined Company or any similar equity restructuring transaction, as that term is used in Statement of Financial Accounting Standards Board Accounting Standards Codification Topic 718 (or any successor thereto), without consideration. “ Captus Agreement” means the Share and Unit Purchase Agreement, dated as of January 8, 2025, by and among Gryphon, 2670786 Alberta Ltd., a Canadian corporation and a wholly -ownedsubsidiary of Gryphon (the “ Captus Purchaser”), and BTG Energy Corp., BTG Power Corp. and West Lake Energy Corp (together, the “ Vendors”). “ CARES Act” means the Coronavirus Aid, Relief, and Economic Security Act. “ Cash Deposit” means a deposit in the aggregate of $600,000 that Gryphon is required to pay to Blockfusion under the Blockfusion Agreement. “ CEA” means the U.S. Commodities Exchange Act of 1936. “ CFTC” means the U.S. Commodity Futures Trading Commission. “ CFTC Rules” means the CEA and the regulations promulgated by the CFTC thereunder. “ Chang Advisory” means Chang Advisory, Inc. “ Chang Agreement” means the Consulting Agreement, effective January 14, 2021, by and between Gryphon and Chang Advisory. “ CIC Severance” means the severance and benefits due to Steve Gutterman if he incurs a Qualifying Termination within 30 days prior to or 12months following a change in control. “ Class I” means the Gryphon Board director class whose term will expire by Gryphon’s 2025 annual meeting of stockholders. “ Class II” means the Gryphon Board director class whose term will expire by Gryphon’s 2026 annual meeting of stockholders. “ Class III” means the Gryphon Board director class whose term will expire by Gryphon’s 2027 annual meeting of stockholders. “ Class A Common Stock” means Class A common stock, par value $0.0001 per share, of the Combined Company. “ Class A Merger Consideration” means the shares of Class A Common Stock to be issued at the First Effective Time as consideration for the First