American Bitcoin stockholder consideration in transaction
Company: Hut 8
The claim, verbatim
American Bitcoin stockholders will receive newly issued stock representing approximately 98% of Gryphon's issued and outstanding stock as of immediately following the Transaction.
Source (primary)
Hut 8 8-K filed 2025-05-12 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the issued and outstanding capital stock of American Bitcoin will be canceled and converted into the right to receive newly issued stock representing, in the aggregate, approximately 98% of the issued and outstanding stock of Gryphon as of immediately following the Transaction.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Hut 8 8-K filed 2025-05-12
Quote: “the issued and outstanding capital stock of American Bitcoin will be canceled and converted into the right to receive newly issued stock representing, in the aggregate, approximately 98% of the issued and outstanding stock of Gryphon as of immediately following the Transaction.”