Gryphon shareholders to vote on merger plan with Bitcoin mining company American Bitcoin on August 27
According to ChainCatcher, The Miner Mag reports that American Bitcoin Corp (ABC), a Bitcoin mining company backed by the Trump family, is set to complete a secret merger with Gryphon Digital Mining and list on Nasdaq.
On July 31, Gryphon submitted a proxy statement related to the merger to the U.S. Securities and Exchange Commission (SEC), officially scheduling the shareholder vote for August 27. Meanwhile, the SEC has announced that the S-4 registration statement for the transaction has become effective, signaling that regulatory approval is in place and paving the way for the merger.
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