Gryphon to merge with American Bitcoin Corp; ABTC holders get 98% of combined entity

American Bitcoin Corp.

ABTC stockholders to receive ~98% of combined company; Gryphon holders receive ~2% in reverse merger.
Post-closing, Gryphon renamed American Bitcoin Corp; Matt Prusak to become CEO.
Gryphon amends Anchorage warrant: exercise price cut from $1.50 to $0.55 per share.
Support agreements with Anchorage and Gryphon D&Os; ABTC holder ABH also agrees to vote in favor.
Closing subject to stockholder approvals, Nasdaq listing, and other customary conditions.

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