Hut 8 Subsidiary American Bitcoin and Gryphon Merger Moves to Shareholder Voting Stage
According to ChainCatcher, citing GlobeNewswire, Hut 8 announced today that its subsidiary American Bitcoin and Gryphon Digital Mining have entered the shareholder voting phase for their share exchange merger transaction.
Gryphon will hold a special shareholders' meeting on August 27, with shareholders of record as of July 25 eligible to vote. The transaction is expected to be completed in early September 2025. The merged company will operate under the American Bitcoin brand and be listed on the Nasdaq Stock Exchange under the ticker symbol "ABTC".
The Gryphon board of directors has unanimously recommended that shareholders vote in favor of the transaction.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Publicly Listed Company Easou Technology Makes $5 Million Strategic Investment in Lightnet to Expand RWA Ecosystem
Bitget Wallet launches Mastercard crypto card in Brazil, plans expansion to seven Latin American countries
Institutional Analyst at a Leading Exchange: Continued Growth in Stablecoin Supply Signals On-Chain Liquidity Recovery
Adam Back Confirms No Sale of Sequans Shares Held by Bitcoin Treasury Company
Trending news
MoreCrypto prices
More
