Form: S-3

Registration statement for specified transactions by certain issuers

November 25, 2024

Documents

Exhibit 107

 

Calculation of Filing Fee Table

 

Form S-3

(Form Type)

 

Gryphon Digital Mining, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

Table 1: Newly Registered and Carry Forward Securities

 

    Security Type  

Security

Class
Title

   Fee
Calculation
or Carry
Forward
Rule		   Amount
Registered(1)		     Proposed
Maximum
Offering
Price Per
Share		     Maximum
Aggregate
Offering
Price		     Fee Rate     Amount of
Registration
Fee		     Carry
Forward
Form
Type		     Carry
Forward
File
Number		     Carry
Forward
Initial
effective
date		     Filing Fee
Previously
Paid In
Connection
with
Unsold
Securities
to be
Carried
Forward		  
Newly Registered Securities
Fees to Be Paid   Equity   Common Stock   457(c)     17,757,576 (2)   $ 0.6615 (3)   $ 11,746,636.53       0.0001531     $ 1,798.42 (4)                                                      
                                                                                     
Fees Previously Paid   -   -   -     -       -       -               -                                  
Carry Forward Securities  
Carry Forward Securities   -   -   -     -               -                       -       -       -       -  
    Total Offering Amounts                             $ 1,798.42                                  
    Total Fees Previously Paid                               -                                  
    Total Fee Offsets                               -                                  
    Net Fee Due                             $ 1,798.42                                  

 

(1) Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the “Securities Act”), there are also being registered an indeterminable number of additional securities as may be issued to prevent dilution resulting from stock splits, stock dividends or similar transactions.

 

(2) Represents the sum of (i) 8,287,984 shares of common stock, par value $0.0001 per share (the “Common Stock”); (ii) 3,530,198 shares of Common Stock issuable upon exercise of warrants to purchase shares of Common Stock, which warrants are exercisable immediately, will expire ten years from the date of issuance and have an exercise price of $0.01 per share (the “Pre-Funded Warrants”); (iii) 2,000,000 shares of Common Stock issuable upon exercise of warrants to purchase shares of Common Stock, which warrants are exercisable immediately, will expire five years from the date of issuance and have an exercise price of $1.50 per share (the “$1.50 Warrants” and, together with the Pre-Funded Warrants, the “Warrants”); and (iv) 3,939,394 shares of Common Stock issuable upon conversion of the outstanding principal under the Loan, Guaranty and Security Agreement, dated as of October 25, 2024, by and among Gryphon Digital Mining, Inc., Gryphon Opco I LLC, Gryphon Opco II LLC, Ivy Crypto, Inc. and Anchorage Lending CA, LLC.

 

(3) Estimated solely for the purpose of calculating the registration fee, based on the average of the high and low prices of the Common Stock on The Nasdaq Stock Market LLC on November 18, 2024 ($0.6615 per share), in accordance with Rule 457(c) of the Securities Act.

 

(4) Calculated pursuant to Rule 457 of the Securities Act by multiplying the proposed maximum aggregate offering price of securities to be registered by 0.00015310.