Gryphon shareholders will vote on the merger plan with the Bitcoin mining company American Bitcoin on August 27.

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According to Mars Finance, on August 1, The Miner Mag reported that the Bitcoin mining company American Bitcoin Corp (ABC), supported by the Trump family, is about to complete a secret merger with Gryphon Digital Mining and go public on Nasdaq. On July 31, Gryphon submitted a proxy statement related to the merger to the SEC, officially setting the shareholder vote for August 27. Meanwhile, the SEC has announced that the S-4 registration statement for the transaction has become effective, marking that regulatory approval is in place and paving the way for the merger.

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