secwatch / observer
8-K filed April 19, 2024, 7:59 PM ET ticker ABTC CIK 0001755953
other material confidence high sentiment neutral materiality 0.60

Gryphon Digital Mining enters $70M at-the-market equity sales agreement

American Bitcoin Corp.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

American Bitcoin Corp. entered into At Market Issuance Sales Agreement with B. Riley Securities, Inc., Ladenburg Thalmann & Co. Inc., Kingswood Investments, a division of Kingswood Capital Partners, LLC, PI Financial (US) Corp. and ATB Capital Markets USA Inc. valued at Aggregate offering price up to $70,000,000 of common stock (effective 2024-04-19).

Action
entry
Agreement
atm program
Counterparty
B. Riley Securities, Inc., Ladenburg Thalmann & Co. Inc., Kingswood Investments, a division of Kingswood Capital Partners, LLC, PI Financial (US) Corp. and ATB Capital Markets USA Inc.
Value
Aggregate offering price up to $70,000,000 of common stock
Effective
2024-04-19
Exact text from the filing
On April 19, 2024, Gryphon Digital Mining, Inc., a Delaware corporation (the “Company”), entered into an At Market Issuance Sales Agreement (the “ATM Agreement”) with B. Riley Securities, Inc., Ladenburg Thalmann & Co. Inc., Kingswood Investments, a division of Kingswood Capital Partners, LLC, PI Financial (US) Corp. and ATB Capital Markets USA Inc. as agents (the “Sales Agents”), a Terms Agreement with B. Riley Securities, Inc. and a Terms Agreement with Ladenburg Thalmann & Co. Inc. (each, a “Terms Agreement” and together with the ATM Agreement, the “Sales Agreement”), pursuant to which the Company may issue and sell shares of its common stock, $0.0001 par value per share, having an aggregate offering price of up to $70,000,000 (the “Shares”), from time to time through or to the Sales Agents (the “Offering”).
View on SEC.gov

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American Bitcoin Corp. filing history →

Source: SEC EDGAR
accession 0001213900-24-034563
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