ADEX | Jotup

GRIID Infrastructure and Adit EdTech Acquisition Corp. Complete Business Combination

Retrieved on:

Friday, December 29, 2023

Acquisition, ADEX, NEO Exchange, Security (finance)

CINCINNATI, Dec. 29, 2023 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (“GRIID” or the “Company”), 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 that it completed its business combination with Adit EdTech Acquisition Corp. (“Adit EdTech”) (NYSE: ADEX, ADEX.U, and ADEX.WS), a publicly traded special purpose acquisition company.

Key Points:

CINCINNATI, Dec. 29, 2023 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (“GRIID” or the “Company”), 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 that it completed its business combination with Adit EdTech Acquisition Corp. (“Adit EdTech”) (NYSE: ADEX, ADEX.U, and ADEX.WS), a publicly traded special purpose acquisition company.
Adit EdTech stockholders approved the business combination at a special meeting held on Nov. 30, 2023.
Following the business combination, the surviving company was renamed GRIID Infrastructure Inc. Beginning on Tuesday, Jan. 2, 2024, GRIID’s common stock is expected to trade on Cboe Canada, the new business name of the NEO Exchange, under the ticker symbol “GRDI,” and GRIID is seeking to list its common stock and warrants on a U.S. exchange.
A detailed description of the business combination can be found in the proxy statement/prospectus filed by Adit EdTech on Nov. 3, 2023, with the Securities and Exchange Commission (the “SEC”) and available at www.sec.gov , as well as Adit EdTech’s previous filings with the SEC and a current report on Form 8-K, which GRIID expects to file with the SEC within four business days following the closing of the business combination.

Hanwha Aerospace, Vertical Aerospace expand eVTOL Aircraft Partnership

Retrieved on:

Thursday, October 26, 2023

United Kingdom, Vertical Aerospace, NYSE, Urban Air Mobility, ADEX, Multimedia, Partnership, EMA, UAM, JAL, Blade pitch, Airline, Hanwha Group, American Airlines, Vertical

SEOUL, South Korea, Oct. 26, 2023 /PRNewswire/ -- Hanwha Aerospace ("Hanwha"), a leading aircraft engine and advanced machinery manufacturer, and Vertical Aerospace (NYSE:EVTL) have signed an agreement to collaborate on the design, testing, manufacture, and supply of tilt and blade pitch control system for Vertical's VX4 electric aircraft.

Key Points:

SEOUL, South Korea, Oct. 26, 2023 /PRNewswire/ -- Hanwha Aerospace ("Hanwha"), a leading aircraft engine and advanced machinery manufacturer, and Vertical Aerospace (NYSE:EVTL) have signed an agreement to collaborate on the design, testing, manufacture, and supply of tilt and blade pitch control system for Vertical's VX4 electric aircraft.
Following the signing of a contract with Vertical last year for the development of EMA (Electro-Mechanical Actuation), Hanwha and Vertical expanded the scope of the agreement during the Seoul International Aerospace & Defense Exhibition (ADEX 2023).
The VX4 aircraft, which is being developed by Vertical Aerospace is a one pilot, four passenger aircraft, targeting Type Certification towards the end of 2026.
Hanwha intends to achieve the most stringent global airworthiness certification standards for eVTOL aircraft by developing and supplying mass-production actuations and mechanical systems.

Overair, Hanwha Ink Three Partnerships at Seoul ADEX 2023 to Deliver 20 Aircraft and Establish New Advanced Air Mobility Networks

Retrieved on:

Tuesday, October 24, 2023

These agreements were signed jointly during public ceremonies at this week’s Seoul International Aerospace and Defense Exhibition (ADEX), attended by defense officials from more than 57 countries.

Key Points:

These agreements were signed jointly during public ceremonies at this week’s Seoul International Aerospace and Defense Exhibition (ADEX), attended by defense officials from more than 57 countries.
This news follows the company’s recently announced MOU between Overair, Jeju Island, and Hanwha to bring an AAM ecosystem to the South Korean region.
“Overair is committed to supporting South Korea’s strong AAM ambitions through partnerships like these that ensure all facets of the ecosystem are considered.
Announcing these agreements at Seoul ADEX 2023 not only shows the importance of these partnerships in Korea but also exemplifies our commitment to supporting all aspects of AAM worldwide,” added Tigner.

Large numbers of suppliers from the Peruvian manufacturing sector to attend Industria Perú 2023

Retrieved on:

Wednesday, June 7, 2023

The Industria Perú business matchmaking event, organized by PROMPERU, will be the meeting point for international buyers and the most outstanding Peruvian micro, small, and medium-sized businesses, recognized for their innovation, reliability, and production capacity.

Key Points:

The Industria Perú business matchmaking event, organized by PROMPERU, will be the meeting point for international buyers and the most outstanding Peruvian micro, small, and medium-sized businesses, recognized for their innovation, reliability, and production capacity.
View the full release here: https://www.businesswire.com/news/home/20230605005834/en/
The packaging sector will be present at the business roundtable.
(Photo: Business Wire)
The manufacturing sector seeks to position Peru as a country with an export offer at competitive prices and with high quality standards.
International participants will also have the opportunity to make specialized visits to industrial parks and factories in Lima, Lambayeque, Junín, and Pasco.

Adadex Launches Decentralized Network of AI Services Accessible through Blockchain Infrastructure

Retrieved on:

Tuesday, April 11, 2023

BERLIN, GERMANY, April 11, 2023 (GLOBE NEWSWIRE) -- Adadex (ADEX) is pleased to announce the launch of its decentralized network of AI services accessible through Blockchain infrastructure.

Key Points:

BERLIN, GERMANY, April 11, 2023 (GLOBE NEWSWIRE) -- Adadex (ADEX) is pleased to announce the launch of its decentralized network of AI services accessible through Blockchain infrastructure.
Adadex provides developers and businesses with the opportunity to publish and use AI services within the Adadex metaverse area, where anyone with an internet connection can access them.
Another important feature of Adadex is its abstraction, which isolates as much of the network as possible in AI services integration.
The Adadex platform combines blockchain and AI to create a new AI framework that delivers superior practical AI functionality.

Adit EdTech Acquisition Corp. Transfers Listing to NYSE American LLC

Retrieved on:

Monday, February 13, 2023

New York Stock Exchange, NYSE American, ADEX, Bangladesh Securities and Exchange Commission, NYSE, Acquisition, The Company, IPO, Security (finance)

NEW YORK, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Adit EdTech Acquisition Corp. (NYSE: ADEX, ADEX-WS, ADEX-U) ("ADEX" or the "Company"), a special purpose acquisition company, announced today that it expects to transfer the listing of its common stock, units and warrants from The New York Stock Exchange (the "NYSE") to the NYSE American LLC ("NYSE American"), where it has been approved for listing subject to confirmation of its satisfaction of the NYSE American's listing standards.

Key Points:

NEW YORK, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Adit EdTech Acquisition Corp. (NYSE: ADEX, ADEX-WS, ADEX-U) ("ADEX" or the "Company"), a special purpose acquisition company, announced today that it expects to transfer the listing of its common stock, units and warrants from The New York Stock Exchange (the "NYSE") to the NYSE American LLC ("NYSE American"), where it has been approved for listing subject to confirmation of its satisfaction of the NYSE American's listing standards.
ADEX's decision to transfer to the NYSE American was motivated by several factors, including the trading halt and the more favorable thresholds for continued listing on the NYSE American following recent redemptions of ADEX's IPO shares in connection with the vote to extend the deadline by which ADEX must complete its initial business combination.
Following the transfer, ADEX intends to continue to file the same types of periodic reports and other information it currently files with the U.S. Securities and Exchange Commission (the "SEC").
ADEX expects its common stock, units and warrants to begin trading on the NYSE American on or about February 16, 2023.

Glancy Prongay & Murray LLP Announces Investigation of Adit EdTech Acquisition Corp. (ADEX)

Retrieved on:

Friday, January 20, 2023

Class Action Lawsuit, Professional Services, Legal, Park Avenue, Helmsley Building, GPM, ADEX, NYSE, Suite, Adit

Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Adit EdTech Acquisition Corp. (NYSE: ADEX) concerning the Company and its directors’ and officers’ possible violations of state laws.

Key Points:

Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Adit EdTech Acquisition Corp. (NYSE: ADEX) concerning the Company and its directors’ and officers’ possible violations of state laws.
If you inquire by email please include your mailing address, telephone number, and the number of shares purchased and held.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230120005481/en/

LEDVANCE Advances Light with Industry First Innovative LED Driver Portfolio

Retrieved on:

Monday, January 9, 2023

NFC (Near Field Communication) converts your smart phone to your personal programming tool for these innovative LED drivers.

Key Points:

NFC (Near Field Communication) converts your smart phone to your personal programming tool for these innovative LED drivers.
The new LEDVANCE LED driver portfolio is patent pending and was just awarded a Platinum Award from the Awards for Design Excellence (ADEX), the largest and most prestigious design competition in the architecture and design industry.
Here are some of the reasons the new LEDVANCE tapTronic Field-Programmable LED Drivers are better for contractors.
All you need to do is set the parameters for the driver on the app and then tap the driver with your smart phone.

ADEX Systems Joins EIFS Industry Members Association

Retrieved on:

Tuesday, January 10, 2023

Multimedia, News, ADEX, Saguenay-Lac-St-Jean Junior AA Hockey League, Management

FALLS CHURCH, Va. , Jan. 10, 2023 /PRNewswire/ -- The EIFS Industry Members Association (EIMA) is pleased to announce that ADEX Systems has joined the association as a manufacturer member.

Key Points:

FALLS CHURCH, Va. , Jan. 10, 2023 /PRNewswire/ -- The EIFS Industry Members Association (EIMA) is pleased to announce that ADEX Systems has joined the association as a manufacturer member.
Their participation, leadership, and perspective will help the entire EIFS industry solidify its position as the technically superior, energy-efficient, flexible and aesthetically-appealing wall system that we all know it is."
Rafaël Bao , President and CEO of ADEX Systems, Inc. is very pleased to join the association.
Founded in 1981, EIMA is a 501(c)(6) trade association comprised of leading manufacturers, suppliers, distributors, applicators, and architects involved in the North American exterior insulation and finish systems (EIFS) industry.

Adit EdTech Acquisition Corp. Announces Adjournment of Special Meeting to Approve Extension Proposal

Retrieved on:

Thursday, December 15, 2022

University, Acquisition, Science and technology in Asia, Blockchain, Annual report, NYSE, Communication, Person, Security (finance), Sale, CFO, ADEX, Massachusetts Institute of Technology, Special, Proxy, Form

The Special Meeting will reconvene at 11:00 a.m. Eastern time on Dec. 23, 2022, and will still be held virtually at https://www.cstproxy.com/aditedtech/2022 .

Key Points:

The Special Meeting will reconvene at 11:00 a.m. Eastern time on Dec. 23, 2022, and will still be held virtually at https://www.cstproxy.com/aditedtech/2022 .
The sole item to be considered at the reconvened Special Meeting will be the Extension Proposal.
Stockholders of record as of Nov. 4, 2022, are entitled to vote at the Special Meeting.
About Adit EdTech Acquisition Corp.
ADEX is a publicly listed special purpose acquisition company sponsored by an affiliate of Adit Ventures, LLC, formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.