Griid Infrastructure Inc

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Griid Infrastructure, Inc. operates an integrated bit-coin self-mining company. It engages operating a portfolio of bit-coin mining facilities. The company was founded by James D. Kelly III in 2018 and is headquartered in Cincinnati, OH.

CleanSpark

Action comes following approval of merger by GRIID shareholders in October 28th vote CleanSpark expects to grow to over 400 MW of mining capacity in Tennessee  LAS VEGAS , Oct. 31, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), announced today the completed acquisition of GRIID Infrastructure Inc. (Nasdaq: GRDI)("GRIID") on October 30, 2024, following approval of the transaction by stockholders of GRIID at the special meeting of its stockholders on October 28, 2024. "I'm pleased to announce the completion of our acquisition of GRIID Infrastructure Inc., a strategic move that allows us to grow our Bitcoin mining capacity in the state of Tennessee, which we intend to build to over 400 MW in the coming years," said CleanSpark CEO Zach Bradford.

CleanSpark Completes Acquisition of GRIID Infrastructure Inc.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of GRIID Infrastructure Inc. (NasdaqGM: GRDI) to CleanSpark Inc. (NasdaqCM: CLSK). Under the terms of the proposed transaction, shareholders of GRIID will receive shares of CleanSpark common stock based upon an exchange ratio equal to the quotient obtained by dividing the aggregate merger consideration by the tot.

GRIID INFRASTRUCTURE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of GRIID Infrastructure Inc- GRDI

NEW YORK, NY / ACCESSWIRE / August 8, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating GRIID Infrastructure, Inc. (Nasdaq: GRDI ), relating to its proposed sale to CleanSpark, Inc. Under the terms of the agreement, GRIID Infrastructure shareholders will receive shares of CleanSpark in an all-stock transaction based upon an exchange ratio.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of GRIID Infrastructure, Inc. – GRDI

NEW YORK , July 3, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating GRIID Infrastructure, Inc. (Nasdaq: GRDI ), relating to its proposed sale to CleanSpark, Inc. Under the terms of the agreement, GRIID Infrastructure shareholders will receive shares of CleanSpark in an all-stock transaction based upon an exchange ratio.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates Merger of GRIID Infrastructure, Inc. - GRDI

Company mined 445 bitcoin; Exceeds 20 EH/s, doubling operating hashrate since December LAS VEGAS , July 2, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending June 30, 2024. The Company achieved and exceeded its mid-year target of 20 EH/s in operational hashrate, a result of its previously announced acquisition of five new bitcoin mining sites in Georgia.

CleanSpark Releases June 2024 Bitcoin Mining Update

NEW YORK, NY / ACCESSWIRE / June 29, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of GRIID Infrastructure Inc. (NASDAQ: GRDI) to CleanSpark Inc. is fair to GRIID shareholders. Under the terms of the proposed transaction, GRIID shareholders will receive shares of CleanSpark common stock based upon an exchange ratio equal to the quotient obtained by dividing the aggregate merger consideration by the total number of shares of GRIID common stock issued and outstanding as of the closing date of the proposed transaction.

GRDI STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Griid Infrastructure Inc. Is Fair to Shareholders

NEW YORK , June 27, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by GRIID Infrastructure Inc. (NASDAQ: GRDI) and its board of directors concerning the proposed acquisition of the company by CleanSpark Inc. (NASDAQ: CLSK). Stockholders will receive shares of CleanSpark common stock in exchange for the shares of GRIID Infrastructure stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of GRIID Infrastructure Inc.

MILWAUKEE , June 27, 2024 /PRNewswire/ -- Ademi LLP is investigating GRIID (Nasdaq: GRDI) for possible breaches of fiduciary duty and other violations of law in its transaction with CleanSpark. Click here to learn how to join the https://www.ademilaw.com/case/griid-infrastructure-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether GRIID Infrastructure Inc has obtained a Fair Price for its Public Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of GRIID Infrastructure Inc. (NASDAQ: GRDI) to CleanSpark Inc. is fair to GRIID shareholders. Under the terms of the proposed transaction, GRIID shareholders will receive shares of CleanSpark common stock based upon an exchange ratio equal to the quotient obtained by dividing the aggregate merger consideration by the total number of shares of GRIID common stock issued and outstanding as o.

GRDI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of GRIID Infrastructure Inc. Is Fair to Shareholders

As a result of the transaction Cleanspark expects to add over 400 MW in Tennessee over the next 2 years CleanSpark's total announced, planned, and owned capacity now sits at over 1 GW of premium infrastructure in support of America's rapidly advancing technological environment LAS VEGAS , June 27, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK) ("CleanSpark") and GRIID Infrastructure Inc. (Nasdaq: GRDI) ("GRIID") announced today that they have entered into a definitive merger agreement pursuant to which CleanSpark will acquire all the issued and outstanding common stock of GRIID in an all-stock transaction. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million.

CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in Tennessee

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of GRIID Infrastructure Inc. (Nasdaq: GRDI) concerning the Company and its directors' and officers' possible violations of state laws. If you own GRIID Infrastructure stock, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Tom Kennedy, of GPM, 230 Park Avenue, Suite 358, New York, N.

Glancy Prongay & Murray LLP Announces Investigation of GRIID Infrastructure Inc. (GRDI)

CINCINNATI, Feb. 14, 2024 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (Nasdaq: GRDI) (“GRIID” or the “company”), a vertically integrated bitcoin mining operator, announced plans to double the capacity of its bitcoin mining operations in Lenoir City, Tenn. from 20 MW to 40 MW in mid-2024 by adding a new site expected to power approximately 6,500 machines.

GRIID Infrastructure Announces Plans to Double Capacity of Lenoir City, Tenn. Bitcoin Mining Operations

CINCINNATI, Feb. 06, 2024 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (NASDAQ: GRDI) (“GRIID” or “Company”), an American infrastructure company that develops and operates vertically integrated bitcoin mining facilities, announced plans to develop and operate a 60 MW bitcoin mining site in Tennessee. The new mining site will be located in Jackson, Tennessee on a 15-acre plot owned by the Company.

GRIID Infrastructure to Add 60 MW with New Bitcoin Mining Facility in Tennessee

NASHVILLE, Tenn.--(BUSINESS WIRE)--Ten31 announced that its portfolio company GRIID Infrastructure has completed its listing on the Nasdaq Global Market stock exchange, representing the first public listing for any bitcoin-focused investment fund's portfolio company. Ten31 served as GRIID's exclusive institutional capital partner ahead of its public trading debut, investing in GRIID out of its second institutional venture fund, Low Time Preference Fund II. Ten31 is the world's leading bitcoin t.

Ten31 Marks First Public Listing for a Bitcoin Focused Venture Fund with GRIID Infrastructure

CINCINNATI, Jan. 29, 2024 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (“GRIID” or the “Company”) (NASDAQ: GRDI) (NEO: GRDI), an American infrastructure company that operates vertically integrated bitcoin mining facilities leveraging low-cost, low-carbon energy, announced that the company will begin trading its common stock and warrants on Nasdaq Global Market (“Nasdaq”) today. The company's common stock will trade under the ticker symbol “GRDI,” and the warrants will trade under the ticker symbol “GRDIW”.

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