secwatch.observer — SEC 8-K summary
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Issuer:     American Bitcoin Corp. (ABTC)
CIK:        0001755953
Form:       8-K
Filed at:   2026-06-24T21:00:16+00:00
Accession:  0001193125-26-281239
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

American Bitcoin shareholders approve reverse stock split; board sets ratio at 1-for-15
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- Stockholders approved charter amendment for reverse stock split in range of 1-for-5 to 1-for-40.
- Board of directors subsequently approved a 1-for-15 reverse split ratio, effective as soon as practicable.
- Asher Genoot was elected as Class I director with 6.85 trillion votes for, 5,616,931 withheld.
- Ratification of KPMG as independent auditor for FY 2026 passed with 6.85 trillion votes for.
- 93.56% of outstanding voting power was represented at the annual meeting, forming a quorum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1755953/000119312526281239/0001193125-26-281239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1755953/000119312526281239/abtc-20260622.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-281239

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer