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Griid Infrastructure, Inc. ( (GRDI) ) has issued an update.
CleanSpark, Inc. finalized its acquisition of GRIID Infrastructure Inc., transforming GRIID into a wholly owned subsidiary. The merger agreement facilitated a stock exchange, where GRIID shareholders received CleanSpark stock, and all GRIID stock options and warrants were converted into CleanSpark equivalents. Post-merger, GRIID stock was delisted from NASDAQ, and its executive team resigned. The merger was approved by a significant majority of GRIID shareholders, marking a strategic expansion for CleanSpark in the energy sector.
For an in-depth examination of GRDI stock, go to TipRanks’ Stock Analysis page.
