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Gryphon shareholders will vote on the proposed merger with Bitcoin mining firm American Bitcoin on August 27.
BlockBeats News, August 1st: According to The Miner Mag, American Bitcoin Corp (ABC), a Bitcoin mining company supported by the Trump family, is set to complete a secret merger with Gryphon Digital Mining and list on Nasdaq.
On July 31st, Gryphon submitted a proxy statement related to the merger to the U.S. Securities and Exchange Commission (SEC), officially scheduling a shareholder vote for August 27th. Meanwhile, the SEC has announced the effectiveness of the S-4 registration statement for the transaction, signaling that regulatory approval is in place and paving the way for the merger.
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