{"id":10229,"date":"2024-01-29T19:49:30","date_gmt":"2024-01-29T17:49:30","guid":{"rendered":"https:\/\/forklog.com\/en\/griid-mining-company-debuts-on-nasdaq\/"},"modified":"2024-01-29T19:49:30","modified_gmt":"2024-01-29T17:49:30","slug":"griid-mining-company-debuts-on-nasdaq","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/griid-mining-company-debuts-on-nasdaq\/","title":{"rendered":"GRIID Mining Company Debuts on Nasdaq"},"content":{"rendered":"<p>On January 29, the American mining company GRIID went public through a reverse merger with a <span data-descr=\"special purpose acquisition company\" class=\"old_tooltip\">SPAC<\/span>. Shares under the ticker GRDI began trading on Nasdaq, as <a href=\"https:\/\/griid.com\/news\/news-details\/2024\/GRIID-to-Begin-Trading-on-Nasdaq-Global-Market-Under-Ticker-GRDI\/default.aspx\">stated<\/a> in the press release. <\/p>\n<p>In December 2021, the firm announced a definitive agreement with Adit EdTech Acquisition Corp. The deal was <a href=\"https:\/\/www.globenewswire.com\/en\/news-release\/2024\/01\/02\/2802568\/0\/en\/GRIID-Common-Stock-Listed-on-Cboe-Canada-after-Completion-of-Business-Combination-with-Adit-EdTech-Acquisition-Corp.html\">closed<\/a> on January 2, 2024, and shares of the combined company began trading on the <span data-descr=\"Chicago Board Options Exchange\" class=\"old_tooltip\">CBOE<\/span> Canada exchange. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We believe that listing on Nasdaq will enhance our visibility, liquidity, and expand our investor base as we continue to strengthen our market position,&#8221; stated GRIID CEO Trey Kelly. <\/p>\n<\/blockquote>\n<p>At the time of writing, the stock price remains above $7.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2024-01-29-v-19.40.24.webp\" alt=\"Snimok-ekrana-2024-01-29-v-19.40.24\" class=\"wp-image-224928\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/finance.yahoo.com\/quote\/GRDI?p=GRDI&#038;guccounter=1&#038;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&#038;guce_referrer_sig=AQAAAMwfxVlBh2nQrYHdtoDD7ajoHId3yIh-rY3yVowwDciI2aoXDSyC1CH_XozSGWb5mjY7sT7Lm_jzLIRRmQZffeiMKRxw0D8QUKTA2kAk3YDaA_K-XUWy8wtIxi8mrSfLousNpbfGxqB6i-TRWyD9KTpoinDMvv87-26OU0Ih8XLz\">Yahoo Finance<\/a>.<\/figcaption><\/figure>\n<p>Founded in 2019, the company currently operates four bitcoin mining facilities: in Watertown (New York), Limestone, Maynardville, and Lenoir City (Tennessee). <\/p>\n<p>In April 2023, Bitdeer went public on Nasdaq through a reverse merger with a SPAC. Shares of the combined firm, named Bitdeer Technologies Group, were given the ticker BTDR. <\/p>\n<p>Previously, the American blockchain hosting provider Core Scientific also achieved public status in a similar manner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On January 29, the American mining company GRIID went public through a reverse merger with a SPAC. Shares under the ticker GRDI began trading on Nasdaq, as stated in the press release. In December 2021, the firm announced a definitive agreement with Adit EdTech Acquisition Corp. The deal was closed on January 2, 2024, and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1235,768,1211],"class_list":["post-10229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-mergers-and-acquisitions","tag-nasdaq","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"47","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/10229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=10229"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/10229\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/10228"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=10229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=10229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=10229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}