{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-005492","form_type":"8-K","ticker":"ABTC","cik":"0001755953","company_name":"American Bitcoin Corp.","filed_at":"2023-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.422871+00:00","generated_at":"2026-06-20T07:18:42.645401+00:00","sec_items":["1.01","3.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Akerna sells MJ Freeway and Ample Organics for $4M, merges with Gryphon Digital Mining","bullets":["Akerna will sell MJF and Ample subsidiaries to POSaBIT for $4M in cash, subject to working capital adjustments.","Akerna will merge with Gryphon Digital Mining; Gryphon equityholders to own ~92.5% of combined company.","Exchange agreements with note holders: portion of notes exchanged for Series C Preferred; conversion price lowered to $1.20.","Warrant exercise price automatically adjusted from $3.518 to $0.88 due to note repricing.","Termination fees: $140K to POSaBIT and $275K to Gryphon under certain circumstances."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-005492","json":"https://secwatch.observer/filing/0001213900-23-005492.json","markdown":"https://secwatch.observer/filing/0001213900-23-005492.md","text":"https://secwatch.observer/filing/0001213900-23-005492.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1755953/000121390023005492/0001213900-23-005492-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1755953/000121390023005492/ea172301-8k425_akerna.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T07:18:42.645401+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3905271fbb66f8064d9246815dc4407e4b5e4ecc","claim":"American Bitcoin Corp. entered into Agreement and Plan of Merger with Gryphon Digital Mining, Inc. (effective 2023-01-27).","evidence_excerpt":"Akerna entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Gryphon Digital Mining, Inc. (“Gryphon”) and Akerna Merger Co. (“Akerna Merger”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1755953/000121390023005492/0001213900-23-005492-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Gryphon Digital Mining, Inc."},{"label":"Effective","value":"2023-01-27"}],"fact_type":"material_agreement"},{"claim_id":"9a0f0ab21e98ca5ad37ffe7fe81e43de564521aa","claim":"American Bitcoin Corp. entered into Securities Purchase Agreement with POSaBIT Systems Corporation valued at $4,000,000 in cash (effective 2023-01-27).","evidence_excerpt":"Akerna Corp., a Delware corporation (“Akerna”), entered into a securities purchase agreement (the “SPA”) with Akerna Canada Ample Exchange Inc. (“Akerna Exchange”) and POSaBIT Systems Corporation (“POSaBIT”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1755953/000121390023005492/0001213900-23-005492-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"POSaBIT Systems Corporation"},{"label":"Value","value":"$4,000,000 in cash"},{"label":"Effective","value":"2023-01-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}