Gryphon Digital Mining CEO Robby Chang Files Initial 13D
Ticker: ABTC · Form: SC 13D · Filed: Feb 16, 2024 · CIK: 1755953
| Field | Detail |
|---|---|
| Company | Gryphon Digital Mining, INC. (ABTC) |
| Form Type | SC 13D |
| Filed Date | Feb 16, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: insider-ownership, initial-filing, management-stake
TL;DR
**Gryphon Digital Mining's CEO Robby Chang just disclosed his ownership stake via a 13D!**
AI Summary
Robby Chang, CEO, President, and Director of Gryphon Digital Mining, Inc., filed an initial Schedule 13D on February 9, 2024, indicating his beneficial ownership of Class A Common Stock. The filing details his role and the company's business address in Las Vegas, NV. This filing establishes Chang's reporting obligations regarding his stake in Gryphon Digital Mining, Inc., which was formerly known as Akerna Corp. and MTech Acquisition Holdings Inc.
Why It Matters
This filing signals a significant insider's stake in Gryphon Digital Mining, potentially influencing future company decisions and investor confidence.
Risk Assessment
Risk Level: low — An initial 13D filing by a CEO is a standard disclosure and does not inherently indicate high risk.
Key Players & Entities
- Robby Chang (person) — Chief Executive Officer, President and Director of Gryphon Digital Mining, Inc.
- Gryphon Digital Mining, Inc. (company) — Subject Company and Issuer
- Akerna Corp. (company) — Former name of Gryphon Digital Mining, Inc.
- MTech Acquisition Holdings Inc. (company) — Former name of Gryphon Digital Mining, Inc.
- February 9, 2024 (date) — Date of event requiring the filing
FAQ
Who filed this Schedule 13D?
Robby Chang, the Chief Executive Officer, President, and Director of Gryphon Digital Mining, Inc., filed this Schedule 13D.
What is the name of the issuer mentioned in this filing?
The issuer mentioned in this filing is Gryphon Digital Mining, Inc.
What was the date of the event that required this filing?
The date of the event which required this filing was February 9, 2024.
What is the CUSIP number for the Class A Common Stock of Gryphon Digital Mining, Inc.?
The CUSIP number for the Class A Common Stock of Gryphon Digital Mining, Inc. is 400510 103.
What were the former names of Gryphon Digital Mining, Inc.?
Gryphon Digital Mining, Inc. was formerly known as Akerna Corp. (name change on 20190614) and MTech Acquisition Holdings Inc. (name change on 20181015).
Filing Stats: 1,490 words · 6 min read · ~5 pages · Grade level 8.9 · Accepted 2024-02-16 16:24:23
Key Financial Figures
- $0.0001 — ssuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securitie
Filing Documents
- ea193962-13dchang_gryphon.htm (SC 13D) — 50KB
- 0001213900-24-014922.txt ( ) — 52KB
are hereby incorporated by reference in its entirety
Item 6 are hereby incorporated by reference in its entirety. Mr. Chang serves as the chief executive officer, president and a member of the board of directors of the Issuer. Accordingly, the Reporting Persons may have influence over the corporate activities of the Issuer, including activities that may relate to items described in clauses (a) through (j) of Item 4 of Schedule 13D. Except as described in this Schedule 13D, the Reporting Persons do not have any present plans or proposals that relate to or would result in any of the actions described in clauses (a) through (j) of Item 4 of Schedule 13D. The Reporting Persons reserve the right to formulate plans and/or proposals and to take such actions with respect to their investment in the Issuer, including any or all of the actions set forth in clauses (a) through (j) of Item 4 of Schedule 13D. 4 Item 5. Interest in Securities of the Issuer (a) Upon the Closing, all of Chang Advisory’s holdings of Ivy were converted into Common Shares. Robby Chang is the sole stockholder and director of Chang Advisory and, as a result, is deemed to beneficially own an aggregate of 3,309,648 Common shares. The foregoing represents beneficial ownership of approximately 8.5% of the outstanding Common Shares based on 38,733,554 outstanding Common Shares at the Closing. (b) Chang Advisory Inc. is controlled by Mr. Chang, its sole stockholder and director , and Mr. Chang has the sole power to dispose or direct the disposition of all of the Common Shares that he beneficially owned as of February 9, 2024. (c) Except as described in Item 3, the Reporting Persons have not effected any transactions in the Common Shares of the Issuer in the past 60 days. (d) Not applicable. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer The information contained in Items 2, 3, 4 and 5 of this Schedule 13D is incorporated by reference herein. Mr. Chang is the