Gryphon Digital Mining Inc. held a special meeting of stockholders on May 24, 2025. At the meeting, stockholders approved an amendment to increase the total number of authorized shares of Common Stock from 150,000,000 to 500,000,000. An amendment to effect a reverse stock split of the issued and outstanding shares of Common Stock at a ratio determined by the board of directors was also approved. However, amendments to declassify the board were not approved. Additionally, the issuance of shares of Common Stock upon conversion of a Loan, Guaranty and Security Agreement, and exercise of certain warrants related to the Anchorage Agreements was approved. The adjournment of the Special Meeting was approved, but the meeting was not adjourned to solicit additional proxies for the declassification proposal.
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