tiprankstipranks
Company Announcements

CleanSpark Acquires Griid Infrastructure, Delists NASDAQ Stock

Don't Miss our Black Friday Offers:

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.

Related Articles
TheFlyCrypto Currents: Crypto.com files lawsuit against SEC
TipRanks Canadian Auto-Generated NewsdeskGriid Infrastructure Files SEC Form 8-K
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App