GRIID Common Stock Listed on Cboe Canada after Completion of Business Combination with Adit EdTech Acquisition Corp.
The business combination between GRIID and Adit EdTech Acquisition Corp. (“Adit EdTech”) represents a pro forma combined company enterprise value of approximately $625 million
- The business combination between GRIID and Adit EdTech Acquisition Corp. (“Adit EdTech”) represents a pro forma combined company enterprise value of approximately $625 million
CINCINNATI, Jan. 02, 2024 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (Cboe CA: GRDI; “GRIID”), an American bitcoin mining company that leverages a low-cost, low-carbon energy mix to manage and operate vertically integrated bitcoin mining facilities, today announced the listing of its common stock on Cboe Canada. - As previously announced, the business combination was approved by Adit EdTech stockholders on November 30, 2023, during a special meeting of Adit EdTech stockholders, and the transaction closed on December 29, 2023.
- GRIID’s common stock will begin trading on Cboe Canada, formerly known as the NEO Exchange, at market open on January 2, 2024, under the ticker symbol “GRDI” for GRIID’s common stock, and GRIID is seeking to list its common stock and warrants on a U.S. exchange.
- The business combination is intended to help GRIID to accelerate its core growth strategies and the expansion of its mining facilities throughout the United States.