---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-064822"
form_type: "8-K"
ticker: "ABTC"
cik: "0001755953"
company_name: "American Bitcoin Corp."
filed_at: "2024-08-02T23:59:59+00:00"
generated_at: "2026-05-31T13:29:20.698284+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CFO Simeon Salzman resigning effective Nov 15, 2024; company to search for successor

## Summary
- Salzman will stay through Nov 15, 2024, to assist transition; departure not related to financial statements or controls.
- Letter agreement provides $200K annual salary, 50% target bonus, and release from non-compete upon continued employment and release of claims.
- Unvested equity awards as of Employment End Date will be forfeited for no consideration.
- Company will initiate search for a new CFO; Salzman remains in role until after Q3 10-Q filing.

## SEC filing metadata
- accession: 0001213900-24-064822
- form_type: 8-K
- ticker: ABTC
- cik: 0001755953
- company_name: American Bitcoin Corp.
- filed_at: 2024-08-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755953/000121390024064822/0001213900-24-064822-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755953/000121390024064822/ea0210431-8k_gryphon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-064822
- JSON: https://secwatch.observer/filing/0001213900-24-064822.json
- Plain text: https://secwatch.observer/filing/0001213900-24-064822.txt

## Key facts
- Executive change
  Simeon Salzman resigned as Chief Financial Officer at American Bitcoin Corp..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On July 29, 2024, Mr. Simeon Salzman, the Chief Financial Officer of Gryphon Digital Mining, Inc., a Delaware corporation (the “Company”), informed the Company of his decision to voluntarily resign from his position to pursue other professional opportunities (the “Resignation”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755953/000121390024064822/0001213900-24-064822-index.htm

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