---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-076579"
form_type: "8-K"
ticker: "ABTC"
cik: "0001755953"
company_name: "American Bitcoin Corp."
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:05:58.665945+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Gryphon Digital Mining receives Nasdaq bid price deficiency notice; 180-day cure to March 4, 2025

## Summary
- Nasdaq notified Gryphon on Sept. 5, 2024 that bid price closed below $1.00 for 30 straight business days, violating Listing Rule 5550(a)(2).
- Company has 180 calendar days, until March 4, 2025, to regain compliance by closing at or above $1.00 for 10 consecutive business days.
- If not compliant by deadline, Gryphon may qualify for a second 180-day period if it meets other listing standards and intends a reverse stock split.
- Common stock continues trading on Nasdaq Capital Market under GRYP; no immediate delisting effect; company will monitor and consider options.

## SEC filing metadata
- accession: 0001213900-24-076579
- form_type: 8-K
- ticker: ABTC
- cik: 0001755953
- company_name: American Bitcoin Corp.
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755953/000121390024076579/0001213900-24-076579-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755953/000121390024076579/ea0213733-8k_gryphon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-076579
- JSON: https://secwatch.observer/filing/0001213900-24-076579.json
- Plain text: https://secwatch.observer/filing/0001213900-24-076579.txt

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