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American Bitcoin and Gryphon Digital Mining Advance Toward Public Listing of American Bitcoin with Filing of Amended Registration Statement on Form S-4

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American Bitcoin Corp. and Gryphon Digital Mining (NASDAQ:GRYP) have announced the filing of an amended Form S-4 registration statement with the SEC for their previously announced stock-for-stock merger. The filing marks a significant step toward completing their planned business combination.

Under the definitive merger agreement, Gryphon will acquire American Bitcoin in a stock-for-stock transaction. The combined entity will operate under the American Bitcoin brand and is expected to trade on the Nasdaq under the ticker symbol "ABTC". The transaction is targeted to close as early as Q3 2025.

The amended registration statement includes a preliminary proxy statement and prospectus, though it has not yet become effective and remains subject to change.

American Bitcoin Corp. e Gryphon Digital Mining (NASDAQ:GRYP) hanno annunciato il deposito di una dichiarazione di registrazione S-4 modificata presso la SEC per la loro fusione azionaria precedentemente annunciata. Questa presentazione rappresenta un passo importante verso il completamento della loro prevista combinazione aziendale.

Secondo l'accordo definitivo di fusione, Gryphon acquisirà American Bitcoin attraverso una transazione azionaria. L'entità risultante opererà sotto il marchio American Bitcoin e si prevede che sarà quotata al Nasdaq con il simbolo "ABTC". La chiusura dell'operazione è prevista già per il terzo trimestre 2025.

La dichiarazione di registrazione modificata include una bozza di proxy statement e prospetto, che però non è ancora entrata in vigore e può ancora subire modifiche.

American Bitcoin Corp. y Gryphon Digital Mining (NASDAQ:GRYP) han anunciado la presentación de una declaración de registro enmendada Formulario S-4 ante la SEC para su fusión previamente anunciada mediante canje de acciones. Esta presentación representa un paso importante hacia la finalización de su combinación empresarial planificada.

Según el acuerdo definitivo de fusión, Gryphon adquirirá American Bitcoin en una transacción de intercambio de acciones. La entidad combinada operará bajo la marca American Bitcoin y se espera que cotice en Nasdaq bajo el símbolo "ABTC". Se espera que la transacción se cierre tan pronto como en el tercer trimestre de 2025.

La declaración de registro enmendada incluye un borrador preliminar del proxy statement y prospecto, aunque aún no ha entrado en vigor y está sujeta a cambios.

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최종 합병 계약ì—� ë”°ë¼ Gryphonì� American Bitcoinì� ì£¼ì‹ êµí™˜ ë°©ì‹ìœ¼ë¡œ ì¸ìˆ˜í•©ë‹ˆë‹�. 합병ë� 회사ëŠ� American Bitcoin 브랜드로 ìš´ì˜ë˜ë©°, 나스닥ì—ì„� "ABTC"ë¼ëŠ” 티커 심볼ë¡� 거래ë� 예정입니ë‹�. 거래 완료ëŠ� 2025ë…� 3분기ë¡� 예ìƒë©ë‹ˆë‹�.

수정ë� ë“±ë¡ ì„œë¥˜ì—는 예비 위임ìž� 설명서와 íˆ¬ìž ì„¤ëª…ì„œê°€ í¬í•¨ë˜ì–´ 있으ë‚� ì•„ì§ íš¨ë ¥ì� ë°œìƒí•˜ì§€ 않았으며 ë³€ê²½ë  ìˆ� 있습니다.

American Bitcoin Corp. et Gryphon Digital Mining (NASDAQ:GRYP) ont annoncé le dépôt d'une déclaration d'enregistrement modifiée Formulaire S-4 auprès de la SEC pour leur fusion par échange d'actions précédemment annoncée. Ce dépôt constitue une étape importante vers la finalisation de leur combinaison d'affaires prévue.

Conformément à l'accord définitif de fusion, Gryphon acquerra American Bitcoin dans le cadre d'une transaction par échange d'actions. L'entité combinée opérera sous la marque American Bitcoin et devrait être cotée au Nasdaq sous le symbole "ABTC". La clôture de la transaction est prévue dès le troisième trimestre 2025.

La déclaration d'enregistrement modifiée comprend un projet de déclaration de procuration et un prospectus, bien qu'elle ne soit pas encore effective et reste susceptible d'être modifiée.

American Bitcoin Corp. und Gryphon Digital Mining (NASDAQ:GRYP) haben die Einreichung einer geänderten Form S-4-Registrierungserklärung bei der SEC für ihre zuvor angekündigte Aktientauschfusion bekannt gegeben. Diese Einreichung stellt einen bedeutenden Schritt zur Vollendung ihrer geplanten Unternehmenszusammenführung dar.

Gemäß der endgültigen Fusionsvereinbarung wird Gryphon American Bitcoin in einer Aktientauschtransaktion übernehmen. Das kombinierte Unternehmen wird unter der Marke American Bitcoin operieren und voraussichtlich unter dem Tickersymbol "ABTC" an der Nasdaq gehandelt werden. Der Abschluss der Transaktion ist für das dritte Quartal 2025 geplant.

Die geänderte Registrierungserklärung enthält eine vorläufige Vollmachts- und Prospekterklärung, die jedoch noch nicht wirksam ist und Änderungen unterliegt.

Positive
  • None.
Negative
  • Registration statement not yet effective and subject to change
  • Transaction completion remains subject to regulatory and shareholder approvals

American Bitcoin expected to trade on Nasdaq under the ticker symbol "ABTC"

MIAMI and LAS VEGAS, July 1, 2025 /PRNewswire/ -- American Bitcoin Corp. ("American Bitcoin" or the "Company"), a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, and Gryphon Digital Mining, Inc. (Nasdaq: GRYP) ("Gryphon"), an innovative venture in the Bitcoin mining space, today announced the filing of an amended registration statement on Form S-4 (the "Registration Statement") with the U.S. Securities and Exchange Commission ("SEC") in connection with their previously announced stock-for-stock merger transaction (the "Transaction").

The Registration Statement, which amends the initial version filed in June, contains a preliminary proxy statement and prospectus in connection with the proposed Transaction. While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about American Bitcoin, Gryphon, and the Transaction.

American Bitcoin has entered into a definitive merger agreement with Gryphon pursuant to which Gryphon will acquire American Bitcoin in a stock-for-stock merger transaction. Upon closing, the combined company will operate under the American Bitcoin brand, led by the management and board of directors of American Bitcoin. The combined company is expected to trade on Nasdaq under the ticker symbol "ABTC," with the Transaction targeted to close as early as Q3 2025.

Additional Information

A copy of the amended Registration Statement filed by Gryphon with the SEC is available .

About American Bitcoin

American Bitcoin is a majority-owned subsidiary of Hut 8 focused exclusively on industrial-scale Bitcoin mining and strategic Bitcoin reserve development. The company combines Hut 8's proven mining operations, cost-efficient infrastructure development capabilities, and disciplined approach to capital allocation with Eric Trump's commercial acumen, capital markets expertise, and commitment to the advancement of decentralized financial systems. For more information, visit and follow us on X at @AmericanBTC.

About Gryphon 

Gryphon Digital Mining, Inc. is an innovative venture in the Bitcoin mining space. More information is available on .

Cautionary Note Regarding Forward–Looking Information

This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements, include, but are not limited to, statements relating to the structure, timing, and completion of the proposed transaction between American Bitcoin and Gryphon, the combined company's listing on Nasdaq after the closing of the proposed transaction, the expected management and board of directors of the combined company, and the vision, goals, and trajectory of American Bitcoin and the combined company.

Forward-looking statements are not statements of historical fact, but instead represent management's expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by American Bitcoin as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking statements, including, but not limited to: the occurrence of any event, change, or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement; the possibility that the proposed transaction does not close when expected or at all because the conditions to closing are not satisfied on a timely basis or at all, including the failure to timely obtain stockholder approval for the proposed transaction from Gryphon's stockholders, if at all; risks related to Gryphon's continued listing on Nasdaq until closing of the proposed transaction; the outcome of any legal proceedings that may be instituted against American Bitcoin, Gryphon, or the combined company; the possibility that the anticipated benefits of the proposed transaction are not realized when expected or at all; the possibility that the vision, goals, and trajectory of the combined company are not timely achieved or realized or achieved or realized at all; the possibility that the integration of the two companies may be more difficult, time-consuming or costly than expected; the possibility that the proposed transaction may be more expensive or take longer to complete than anticipated, including as a result of unexpected factors or events; the diversion of management's attention from ongoing business operations and opportunities; changes in Gryphon's stock price before closing; and other factors that may affect future results of American Bitcoin, Gryphon, or the combined company. Additional factors that could cause results to differ materially from those described above can be found in Gryphon's most recent annual report on Form 10-K for the fiscal year ended December 31, 2024 and other documents subsequently filed by Gryphon with the SEC.

Additional Information About the Proposed Transaction and Where to Find It

This press release relates to a proposed transaction between American Bitcoin and Gryphon. In connection with the proposed transaction, Gryphon has filed with the SEC a Registration Statement to register the Class A common stock to be issued by Gryphon in connection with the proposed transaction. The Registration Statement includes a proxy statement of Gryphon and a prospectus of Gryphon (the "Proxy Statement/Prospectus"), and each of American Bitcoin and Gryphon may file with the SEC other relevant documents concerning the proposed transaction. After the Registration Statement is declared effective, the definitive Proxy Statement/Prospectus will be sent to the stockholders of Gryphon to seek their approval of the proposed transaction. This press release is not a substitute for the Registration Statement, the Proxy Statement/Prospectus or any other relevant documents that American Bitcoin or Gryphon has filed or will file with the SEC. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS OF GRYPHON ARE URGED TO CAREFULLY AND ENTIRELY READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, IF AND WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT AMERICAN BITCOIN, GRYPHON, THE PROPOSED TRANSACTION, AND RELATED MATTERS.

Participants in the Solicitation 

American Bitcoin, Gryphon and certain of their respective directors, executive officers, and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of Gryphon, their ownership of Gryphon common stock, and Gryphon's transactions with related persons is set forth in its Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC on March 31, 2025, the definitive proxy statement for Gryphon's 2024 annual meeting of stockholders, as filed with the SEC on August 7, 2024, the definitive proxy statement for Gryphon's 2025 special meeting of stockholders, as filed with the SEC on April 21, 2025, and other documents that may be filed from time to time with the SEC. Additional information about the directors and executive officers of American Bitcoin and Gryphon and other persons who may be deemed to be participants in the solicitation of stockholders of Gryphon in connection with the proposed transaction and a description of their direct and indirect interests will be included in the Proxy Statement/Prospectus related to the proposed transaction or other relevant materials, which will be filed with the SEC. These documents may be obtained free of charge, when they become available, at the SEC's website at and from Gryphon using the sources indicated above

No Offer or Solicitation 

This communication is for informational purposes only and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy or sell any securities or the solicitation of any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or in a transaction exempt from the registration requirements of the Securities Act.

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SOURCE American Bitcoin Corp.

FAQ

What is the merger deal between American Bitcoin and Gryphon Digital Mining (GRYP)?

Gryphon Digital Mining will acquire American Bitcoin in a stock-for-stock merger transaction, with the combined company operating under the American Bitcoin brand.

What will be the new stock symbol for American Bitcoin after the merger with GRYP?

The combined company is expected to trade on the Nasdaq under the ticker symbol ABTC following the merger completion.

When is the American Bitcoin and GRYP merger expected to close?

The merger transaction is targeted to close as early as Q3 2025, subject to regulatory approvals and closing conditions.

What is the significance of the amended S-4 registration statement filing for GRYP?

The amended S-4 filing contains the preliminary proxy statement and prospectus for the merger, representing a crucial step toward completing the business combination, though it remains subject to SEC effectiveness.

Who will lead the combined company after the American Bitcoin and GRYP merger?

The combined company will be led by the management and board of directors of American Bitcoin.
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