sur Gryphon Digital Mining, Inc.
American Bitcoin and Gryphon Digital Mining Move Toward Nasdaq Listing
American Bitcoin Corp., a Bitcoin accumulation platform, and Gryphon Digital Mining, Inc. have announced the filing of an amended registration statement on Form S-4 with the U.S. Securities and Exchange Commission. This filing pertains to their planned stock-for-stock merger. The combined entity will operate under American Bitcoin's brand and hopes to trade on Nasdaq with the ticker "ABTC" by Q3 2025.
The registration document contains crucial details about the companies and the merger, though it is still subject to changes. Leadership from American Bitcoin will manage the combined firm, aiming to consolidate their Bitcoin mining and strategic reserve efforts.
Risks remain, such as obtaining stockholder approvals, legal proceedings, and potential integration challenges. The merger seeks to leverage American Bitcoin's infrastructure and Gryphon's innovative mining techniques.
R. E.
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