secwatch.observer — SEC 8-K summary
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Issuer:     American Bitcoin Corp. (ABTC)
CIK:        0001755953
Form:       8-K
Filed at:   2025-03-14T23:59:59+00:00
Accession:  0001213900-25-024131
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gryphon Digital receives Nasdaq delisting notice for MVLS noncompliance; hearing April 15
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- Nasdaq Staff notified Gryphon on March 13, 2025 that it failed to regain compliance with the MVLS Rule (MVLS < $35M).
- Company previously reported noncompliance with the MVLS Rule on September 13, 2024; cure period expired March 12, 2025.
- Stock will continue trading on Nasdaq pending a hearing before the Nasdaq Hearing Panel scheduled for April 15, 2025.
- Gryphon is also noncompliant with other continued listing requirements as previously disclosed.
- The Company will present a compliance plan and seek an extension to demonstrate compliance at the hearing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1755953/000121390025024131/0001213900-25-024131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1755953/000121390025024131/ea0234418-8k_gryphon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-024131

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