Adit Edtech Acquisition Corp

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Debt Financing / Related, Exchange Changes, Mergers / Acquisitions

Adit Edtech Says Griid Infrastructure To List On NYSE Through Merger With Co

Published: 11/30/2021 10:15 GMT
Adit Edtech Acquisition Corp (ADEX) - Griid Infrastructure to List on Nyse Through Merger With Adit Edtech Acquisition Corp.
Merger Between Griid, Adit Edtech Acquisition Corp Represents a Pro Forma Combined Co Enterprise Value of About $3.3 Billion.
Adit Edtech Acquisition- Upon Completion of Proposed Transaction.
Combined Company is Expected to Operate Under Name "griid Infrastructure Inc".
Griid's Existing Management Team, Led by President and CEO Trey Kelly, Will Continue to Lead Business.
Adit Edtech-assuming No Redemptions,current Griid Equity Holders Will Own Approximately 90%,adit Edtech Public Stockholders Will Own Approximately 8%.