American Bitcoin Corp. and Gryphon Digital Mining, Inc. announced on August 6, 2025, that Gryphon stockholder voting has commenced for the previously announced stock-for-stock merger transaction. A Special Meeting of Stockholders is scheduled for August 27, 2025.
Gryphon stockholders who owned shares as of July 25, 2025, are eligible to vote on the proposed transaction. The Board of Directors of Gryphon has unanimously recommended that stockholders vote "FOR" all proposals related to the merger.
The transaction, which will result in the combined company operating under the American Bitcoin brand and trading on Nasdaq under "ABTC," is currently targeted to close in early September 2025. This is subject to stockholder approval and other customary closing conditions.
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