---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-034563"
form_type: "8-K"
ticker: "ABTC"
cik: "0001755953"
company_name: "American Bitcoin Corp."
filed_at: "2024-04-19T23:59:59+00:00"
generated_at: "2026-06-03T16:25:06.032415+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Company can sell up to $70M of common stock via agents (B. Riley, Ladenburg, Kingswood, PI Financial, ATB).
- Separate terms agreements allow B. Riley and Ladenburg to each purchase up to $40M on principal basis.
- Commission rate of 3.0% of gross proceeds; no obligation to sell any shares.
- Prospectus supplement filed under existing S-3 shelf registration (File 333-277060).

## SEC filing metadata
- accession: 0001213900-24-034563
- form_type: 8-K
- ticker: ABTC
- cik: 0001755953
- company_name: American Bitcoin Corp.
- filed_at: 2024-04-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755953/000121390024034563/0001213900-24-034563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755953/000121390024034563/ea0204214-8k_gryphon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-034563
- JSON: https://secwatch.observer/filing/0001213900-24-034563.json
- Plain text: https://secwatch.observer/filing/0001213900-24-034563.txt

## Key facts
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755953/000121390024034563/0001213900-24-034563-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
