CINCINNATI, Dec. 29, 2023 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. ("GRIID" or the "Company"), an American bitcoin mining company that leverages a low-cost, low-carbon energy mix to manage and operate vertically integrated bitcoin mining facilities, today announced that it completed its business combination with Adit EdTech Acquisition Corp. ("Adit EdTech") (NYSE:ADEX, ADEX.U, and ADEX.WS))), a publicly traded special purpose acquisition company. Adit EdTech stockholders approved the business combination at a special meeting held on Nov. 30, 2023. Following the business combination, the surviving company was renamed GRIID Infrastructure Inc. Beginning on Tuesday, Jan. 2, 2024, GRII

NEW YORK, NY / ACCESSWIRE / December 26, 2023 / Adit EdTech Acquisition Corp. (NYSE:ADEX)(NYSE:ADEX)(NYSE:ADEX) ("ADEX" or the "Company"), a special purpose acquisition company, announced today that it intends to voluntarily de-list its common stock, units and warrants from The NYSE American LLC (the "NYSE American"). ADEX provided notice of the voluntary de-listing to the NYSE American on December 26, 2023, following indications from NYSE American that NYSE American would decline to approve a listing of the post-closing company, and ADEX intends to timely file a Form 25 with the Securities and Exchange Commission to effect the de-listing. It is anticipated that the de-listing will become ef

NEW YORK, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Adit EdTech Acquisition Corp. (NYSE:ADEX, ADEX-WS, ADEX-U))) ("ADEX" or the "Company"), a special purpose acquisition company, announced today that it expects to transfer the listing of its common stock, units and warrants from The New York Stock Exchange (the "NYSE") to the NYSE American LLC ("NYSE American"), where it has been approved for listing subject to confirmation of its satisfaction of the NYSE American's listing standards. As previously disclosed, on February 7, 2023, NYSE informed ADEX that trading in the Company's common stock, units and warrants had been halted, as the Company no longer satisfies the continued listing standard of th

NEW YORK, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Adit EdTech Acquisition Corp. ("ADEX") (NYSE:ADEX, ADEXU, ADEXW))) convened its special meeting of its stockholders on Dec. 14, 2022, and a proposal to adjourn the meeting was approved. ADEX will continue to solicit additional proxies on the proposal to extend the time ADEX has to consummate its initial business combination, as described in its definitive proxy statement filed with the Securities and Exchange Commission (the "SEC") on Nov. 14, 2022 (the "Extension Proposal"). The Special Meeting will reconvene at 11:00 a.m. Eastern time on Dec. 23, 2022, and will still be held virtually at https://www.cstproxy.com/aditedtech/2022. The sole item t

Griid Infrastructure LLC ("GRIID") is a profitable, vertically integrated bitcoin self-mining company with three US-based facilities and planned mining capacity of 734 megawatts (MW) operational by 2023 with a power cost of less than $25/MWh.GRIID anticipates fiscal year 2023 revenue of $1.6 billion.The merger between GRIID and Adit EdTech Acquisition Corp. ("ADEX") represents a pro forma combined company enterprise value of approximately $3.3 billion.The $246 million of anticipated net transaction proceeds, assuming no redemptions, and an existing $525 million credit facility will be used to fund GRIID's growth and accelerate scale. CINCINNATI and NEW YORK, Nov. 30, 2021 (GLOBE NEWSWIRE)

Adit EdTech Acquisition Corp. (the "Company") announced today it that received a notice from the New York Stock Exchange (the "NYSE") indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the "Form 10-Q") with the Securities and Exchange Commission (the "SEC"). The NYSE informed the Company that, under NYSE rules, the Company will have six months from May 24, 2021 to file the Form 10-Q with the SEC. The Company can regain compliance with the NYSE listing standards at any time prior to that date by filing its Form 10-Q. If the Co