The stock-for-stock transaction will result in Gryphon acquiring American Bitcoin, with the combined company adopting the American Bitcoin name and trading on Nasdaq under the ticker ‘ABTC’.
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Trump Family-Backed American Bitcoin to Go Public via Merger With Gryphon Digital
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The company resulting from the merger between Gryphon Digital Mining and American Bitcoin Corp. will operate under the name American Bitcoin and trade on Nasdaq under the ticker symbol ‘ABTC’.
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The stock-for-stock merger between Gryphon Digital Mining and American Bitcoin Corp. will result in Gryphon transferring its full equity in exchange for shares of American Bitcoin, effectively making Gryphon the acquisition vehicle.
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