TechFlow, August 6 — Hut 8 announced today that the stock-for-stock merger between its subsidiary American Bitcoin and Gryphon Digital Mining has entered the shareholder voting phase. Gryphon will hold a special shareholders meeting on August 27, where shareholders of record as of July 25 will vote on the transaction. The deal is expected to close in early September 2025. The combined company will operate under the American Bitcoin brand and be listed on the Nasdaq exchange under the ticker symbol "ABTC". The Gryphon board of directors has unanimously recommended that shareholders vote in favor of the transaction. Previously, American Bitcoin and Gryphon Digital Mining filed an amended S-4 form to advance the merger and listing process.
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