Gryphon stockholders approve reverse split and share increase; declassification fails

American Bitcoin Corp.

Authorized shares increased from 150M to 500M; approved with 38.1M votes for, 4.1M against.
Reverse split approved (1:2 to 1:40 ratio) with board discretion; 38.3M for, 3.9M against.
Declassification of board failed with 26.7M for, 6.0M against; not enough votes.
Issuance of shares under Anchorage Agreements approved (18.3M for, 6.0M against, 9.2M abstain).
Adjournment proposal approved but not used; special meeting concluded on May 24, 2025.

item 5.07

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