Filing Summary
Registrant and period: The filing is a Form 8-K filed by Gryphon Digital Mining, Inc., formerly Akerna Corp., with an event date of February 5, 2024 and filing signature dated February 9, 2024. The provided metadata identifies American Bitcoin Corp., but the filing itself names Gryphon Digital Mining, Inc. as the registrant.
Business Context and Corporate Action
On February 5, 2024, the company filed Certificates of Elimination for its Series A and Series B Preferred Stock designations. The action became effective immediately upon filing.
- 400,000 authorized Series A Preferred Stock shares were cancelled.
- 100,000 authorized Series B Preferred Stock shares were cancelled.
- The cancelled shares were returned to the pool of authorized preferred stock available for future issuance under the company’s amended and restated certificate of incorporation.
Financial and Operating Metrics
This 8-K does not provide revenue, profit, cash flow, margin, debt, liquidity, operating, or other financial performance metrics. It does not include financial statements or financial guidance.
Material Changes Versus Prior Period
The filing reports a change to the company’s authorized preferred-stock structure. It does not provide comparable-period financial information or quantify any effect on outstanding shares, equity balances, or financial results.
Guidance, Outlook, Risks, and Unusual Items
No guidance, outlook, management commentary, risk disclosures, contingencies, or unusual financial items are provided. The filing states that the preferred-stock elimination is governed by the Certificates of Elimination filed as Exhibits 3.1 and 3.2.
Key Facts to Verify
- Confirm the registrant’s corporate identity and relationship, if any, to American Bitcoin Corp.; the filing names Gryphon Digital Mining, Inc.
- Review Exhibits 3.1 and 3.2 for the precise legal terms and effective provisions of the Series A and Series B eliminations.
- Verify whether any Series A or Series B shares were outstanding, issued, or reserved before the elimination, as the filing only addresses authorized shares.
- Assess subsequent filings for changes to the authorized capital structure, preferred-stock issuances, or effects on common-stock holders.