GRIID Infrastructure Inc.
GRIID Infrastructure Inc. is grouped at the issuer level across 1 linked ticker lifecycle, combining public listing, delisting, source, and shareholder outcome records from the archive.
Lifecycle Map
Issuer enters the archive
Dec 23, 2020GRIID Infrastructure Inc. is represented as an issuer-level entity with 1 linked public-market ticker lifecycle.
Delisting event
Feb 23, 2023SEC 25 delisting filing validated by CIK/company-name LLM pass.
SourceGRDI stopped trading
Feb 23, 2023GRDI is linked to GRIID Infrastructure Inc. and ended with final status "merged".
Source
Entity Graph
GRIID Infrastructure Inc.issuedGRDI
GRDIlisted onNASDAQ
GRDIresulted inunknown
Source-Backed Claims
- On June 26, 2024, GRIID Infrastructure Inc., CleanSpark, Inc., and Tron Merger Sub, Inc. entered into a merger agreement which stipulates that GRIID will become a wholly owned subsidiary of CleanSpark.DEFM14A
- Upon completion of the merger, GRIID stockholders will receive shares of CleanSpark common stock based on an exchange ratio derived from the aggregate merger consideration divided by the total number of GRIID shares outstanding at closing.DEFM14A
- The aggregate merger consideration is defined as $155,000,000 minus GRIID's outstanding liabilities as of the closing date, plus up to $5 million in severance obligations.DEFM14A
- As of the date of the proxy statement, stockholders who entered into voting agreements represented approximately 73% of the outstanding shares of GRIID common stock, excluding shares held by GRIID Holdings LLC and James D. Kelly III.DEFM14A
- A special meeting of GRIID stockholders is scheduled for October 28, 2024, to vote on the adoption of the merger agreement.DEFM14A
- The record date for determining GRIID stockholders entitled to vote at the special meeting was set for September 20, 2024.DEFM14A
- The common stock of GRIID is listed on The Nasdaq Global Market and Cboe Canada under the ticker symbol 'GRDI', while CleanSpark's common stock is listed on The Nasdaq Capital Market under the symbol 'CLSK'.DEFM14A
- The GRIID special committee, composed solely of independent directors, has determined that the merger agreement is fair and in the best interests of GRIID stockholders.DEFM14A
Associated Tickers
Public-market security lifecycles tied to this issuer record.