---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-047838"
form_type: "8-K"
ticker: "ABTC"
cik: "0001755953"
company_name: "American Bitcoin Corp."
filed_at: "2025-05-27T23:59:59+00:00"
generated_at: "2026-05-20T11:01:07.788350+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Gryphon stockholders approve reverse split and share increase; declassification fails

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-047838
- form_type: 8-K
- ticker: ABTC
- cik: 0001755953
- company_name: American Bitcoin Corp.
- filed_at: 2025-05-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755953/000121390025047838/0001213900-25-047838-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755953/000121390025047838/ea0243545-8k_gryphon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-047838
- JSON: https://secwatch.observer/filing/0001213900-25-047838.json
- Plain text: https://secwatch.observer/filing/0001213900-25-047838.txt

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