View Future GrowthThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsGriid Infrastructure 과거 순이익 실적과거 기준 점검 2/6Griid Infrastructure 의 수입은 연평균 -14.8%의 비율로 감소해 온 반면, Software 산업은 연평균 21.9%의 비율로 증가했습니다. 매출은 연평균 12.2%의 비율로 감소해 왔습니다.핵심 정보-14.76%순이익 성장률-18.87%주당순이익(EPS) 성장률Software 산업 성장률17.33%매출 성장률-12.17%자기자본이익률n/a순이익률103.23%최근 순이익 업데이트30 Jun 2024최근 과거 실적 업데이트Reported Earnings • May 16First quarter 2024 earnings released: US$0.096 loss per share (vs US$0.96 loss in 1Q 2023)First quarter 2024 results: US$0.096 loss per share (improved from US$0.96 loss in 1Q 2023). Revenue: US$5.82m (up 31% from 1Q 2023). Net loss: US$6.48m (loss narrowed 42% from 1Q 2023).Reported Earnings • Apr 19Full year 2023 earnings released: US$0.34 loss per share (vs US$1.28 loss in FY 2022)Full year 2023 results: US$0.34 loss per share (improved from US$1.28 loss in FY 2022). Revenue: US$19.6m (down 12% from FY 2022). Net loss: US$18.7m (loss narrowed 70% from FY 2022).모든 업데이트 보기Recent updates공지 • Nov 02Griid Infrastructure Inc.(NasdaqGM:GRDI) dropped from NASDAQ Composite IndexGriid Infrastructure Inc. has been dropped from the Nasdaq Composite Index.공지 • Nov 01CleanSpark, Inc. (NasdaqCM:CLSK) completed the acquisition of Griid Infrastructure Inc. (NEOE:GRDI) from Griid Holdco LLC, Adit Edtech Sponsor, LLC, Blockchain Capital Solutions (US), Inc. and others.CleanSpark, Inc. (NasdaqCM:CLSK) entered into an agreement to acquire Griid Infrastructure Inc. (NEOE:GRDI) from Griid Holdco LLC, Adit Edtech Sponsor, LLC, Blockchain Capital Solutions (US), Inc. and others for approximately $82.2 million on June 26, 2024. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. Concurrent with the signing of the merger agreement, the companies also entered into an exclusive hosting agreement for all currently available power, of which 20 MW will be allocated to CleanSpark effective immediately. CleanSpark also provided GRIID with a $5 million dollar working capital loan and a pay-down bridge loan of approximately $50.9 million that was used to satisfy certain obligations of GRIID at signing. Termination by CleanSpark because GRIID, its subsidiaries or any of its directors or officers materially breached its non-solicitation obligations, GRIID would be required to pay CleanSpark a termination fee of $1.5 million. The transaction is subject to approval of offer by acquirer shareholders. The deal has been unanimously approved by the board. The GRIID board established a special committee of independent directors (the “GRIID special committee”), and appointed Sharmila Kassam and Cristina Dolan to serve as members of the GRIID special committee, with Kassam serving as chair. The expected completion of the transaction is July 1, 2024 to September 30, 2024. As of July 3, 2024 the expected to close before the end of September. The CleanSpark anticipates the completion of the acquisition of GRIID Infrastructure Inc. will occur before October month's end. As on October 28, 2024 the transaction has been approved by Griid Infrastructure shareholders. Christopher J. Bellini and Joseph C. Bedwick of Cozen O'Connor acted as legal advisor and due diligence provider for CleanSpark, Inc. Patrick B. Costello of Troutman Pepper Hamilton Sanders LLP acted as legal advisor for Griid Infrastructure Inc. Lincoln International LLC is serving as financial advisor as well as fairness opinion advisor to Griid. Lincoln International LLC and Troutman Pepper Hamilton Sanders LLP acted as due diligence providers for Griid. Lincoln will receive a fee in the amount of $300,000 for its services. Continental Stock Transfer & Trust Company acted as transfer agent to GRIID. Securities Transfer Corporation is the transfer agent and registrar for CleanSpark common stock. Continental Stock Transfer & Trust Company acted as transfer agent to GRIID. CleanSpark, Inc. (NasdaqCM:CLSK) completed the acquisition of Griid Infrastructure Inc. (NEOE:GRDI) from Griid Holdco LLC, Adit Edtech Sponsor, LLC, Blockchain Capital Solutions (US), Inc. and others on October 30, 2024. In connection with the closing of the transaction, GRIID has requested that Nasdaq suspend trading of the GRIID common stock and GRIID public warrants on Nasdaq prior to the opening of trading on October 31, 2024. The shares of GRIID common stock are expected to be delisted from Cboe Canada at the end of the day on October 31, 2024.공지 • Oct 31GRIID Infrastructure's Common Stock to be Delist from Cboe Canada at the End of the Day on October 31, 2024CleanSpark Inc. announced the completed acquisition of GRIID Infrastructure Inc. (‘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. Under the terms of the merger agreement originally announced on June 27, 2024, each share of GRIID common stock was converted into approximately 0.06959 of a share of CleanSpark common stock at the effective time of the merger. In connection with the closing of the transaction, GRIID has requested that Nasdaq suspend trading of the GRIID common stock and GRIID public warrants on Nasdaq prior to the opening of trading on October 31, 2024. The shares of GRIID common stock are expected to be delisted from Cboe Canada at the end of the day on October 31, 2024.공지 • Oct 08GRIID Infrastructure Receive Notice from Nasdaq Regarding Non-Compliance with the Minimum Bid Price Requirement under Nasdaq Listing Rule 5450(a)(1)On October 3, 2024, GRIID Infrastructure Inc. (the ‘Company’) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’) notifying the Company that the listing of its common stock, par value $0.0001 per share (the ‘common stock’), was not in compliance with Nasdaq Listing Rule 5450(a)(1) (the ‘Bid Price Rule’) for continued listing on the Nasdaq Global Market, as the minimum bid price of the Company’s common stock was less than $1.00 per share for the previous 30 consecutive business days. Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days, or until April 1, 2025, to regain compliance with the rule referred to in this paragraph. To regain compliance with the Bid Price Rule during this 180-day compliance period, the Company’s minimum bid price of listed securities must close at $1.00 per share or more for a minimum of 10 consecutive business days. The notice has no present impact on the listing of the Company’s securities on the Nasdaq Global Market. If the Company does not regain compliance with the Bid Price Rule prior to the expiration of the 180-day compliance period, the Company may be eligible for additional time to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(ii) by transferring to the Nasdaq Capital Market. To qualify, the Company would need to submit a Transfer Application and an application fee. In addition, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, except the minimum bid price requirement. In addition, the Company would need to provide written notice to Nasdaq of its intention to cure the minimum bid price deficiency during the second compliance period by effecting a reverse stock split, if necessary. As part of its review process, the Nasdaq staff will determine whether it believes the Company will be able to cure this deficiency. Should the Nasdaq staff conclude that the Company will not be able to cure the deficiency, or should the Company determine not to submit a Transfer Application or make the required representation, the Nasdaq staff will provide notice that the Company’s common stock will be subject to delisting. If the Company does not regain compliance within the allotted compliance period(s), including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Company’s common stock will be subject to delisting. At such time, the Company may appeal the delisting determination to a Hearings Panel. The Company intends to actively monitor the minimum bid price of its common stock and, as appropriate, will consider available options to resolve the deficiencies and regain compliance with the Bid Price Rule, including applying to transfer to the Nasdaq Capital Market or effecting a reverse stock split. There can be no assurance that the Company will be successful in maintaining the listing of its common stock on the Nasdaq Global Market, or, if transferred, on the Nasdaq Capital Market.공지 • Jun 28CleanSpark, Inc. (NasdaqCM:CLSK) entered into an agreement to acquire Griid Infrastructure Inc. (NEOE:GRDI) for approximately $160 million.CleanSpark, Inc. (NasdaqCM:CLSK) entered into an agreement to acquire Griid Infrastructure Inc. (NEOE:GRDI) for approximately $160 million on June 26, 2024. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. Concurrent with the signing of the merger agreement, the companies also entered into an exclusive hosting agreement for all currently available power, of which 20 MW will be allocated to CleanSpark effective immediately. CleanSpark also provided GRIID with a $5 million dollar working capital loan and a pay-down bridge loan of approximately $50.9 million that was used to satisfy certain obligations of GRIID at signing. Termination by CleanSpark because GRIID, its subsidiaries or any of its directors or officers materially breached its non-solicitation obligations, GRIID would be required to pay CleanSpark a termination fee of $1.5 million. The transaction is subject to approval of offer by acquirer shareholders. The deal has been unanimously approved by the board. The expected completion of the transaction is July 1, 2024 to September 30, 2024. Cozen O'Connor acted as legal advisor for CleanSpark, Inc. Troutman Pepper Hamilton Sanders LLP acted as legal advisor for Griid Infrastructure Inc. Lincoln International LLC is serving as financial advisor as well as fairness opinion advisor to Griid.공지 • Jun 15Griid Infrastructure Receives Non-Compliance Letter from the Listing Qualifications Department of the NasdaqOn June 11, 2024, Griid Infrastructure Inc. received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC notifying the Company that the listing of its common stock was not in compliance with Nasdaq Listing Rule 5450(a)(1) for continued listing on the Nasdaq Global Market, as the minimum bid price of the Company’s common stock was less than $1.00 per share for the previous 30 consecutive business days. Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days, or until December 9, 2024, to regain compliance with the rule referred to in this paragraph. To regain compliance during this 180-day compliance period, the Company’s minimum bid price of listed securities must close at $1.00 per share or more for a minimum of 10 consecutive business days. The notice has no present impact on the listing of the Company’s securities on the Nasdaq Global Market. If the Company does not regain compliance with the Nasdaq Listing Rules prior to the expiration of the 180-day compliance period, the Company may be eligible for additional time to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(ii) by transferring to the Nasdaq Capital Market. To qualify, the Company would need to submit a Transfer Application and a $5,000 application fee. In addition, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, except the minimum bid price requirement. In addition, the Company would need to provide written notice to Nasdaq of its intention to cure the minimum bid price deficiency during the second compliance period by effecting a reverse stock split, if necessary. As part of its review process, the Nasdaq staff will determine whether it believes the Company will be able to cure this deficiency. Should the Nasdaq staff conclude that the Company will not be able to cure the deficiency, or should the Company determine not to submit a Transfer Application or make the required representation, Nasdaq will provide notice that the Company’s shares of common stock will be subject to delisting. If the Company does not regain compliance within the allotted compliance period(s), including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Company’s shares of common stock will be subject to delisting. At such time, the Company may appeal the delisting determination to a Hearings Panel. The Company intends to actively monitor its minimum bid price of the Company’s common stock and, as appropriate, will consider available options to resolve the deficiencies and regain compliance with the Nasdaq Listing Rules, including applying to transfer to the Nasdaq Capital Market or effecting a reverse stock split. There can be no assurance that the Company will be successful in maintaining the listing of its common stock on the Nasdaq Global Market, or, if transferred, on the Nasdaq Capital Market.Reported Earnings • May 16First quarter 2024 earnings released: US$0.096 loss per share (vs US$0.96 loss in 1Q 2023)First quarter 2024 results: US$0.096 loss per share (improved from US$0.96 loss in 1Q 2023). Revenue: US$5.82m (up 31% from 1Q 2023). Net loss: US$6.48m (loss narrowed 42% from 1Q 2023).Reported Earnings • Apr 19Full year 2023 earnings released: US$0.34 loss per share (vs US$1.28 loss in FY 2022)Full year 2023 results: US$0.34 loss per share (improved from US$1.28 loss in FY 2022). Revenue: US$19.6m (down 12% from FY 2022). Net loss: US$18.7m (loss narrowed 70% from FY 2022).New Risk • Mar 31New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (43% average weekly change). Negative equity (-US$110m). Earnings have declined by 63% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (US$89.6m market cap).공지 • Jan 30Griid Infrastructure Inc. COM Deleted from OTC EquityGriid Infrastructure Inc. COM has been deleted from OTC Equity effective January 29, 2024, due to Market Center Change Listed on NASDAQ.Board Change • Jan 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Sundar Subramaniam was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.매출 및 비용 세부 내역Griid Infrastructure가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqGM:GRDI 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비30 Jun 24212211031 Mar 2421-147031 Dec 2320-196030 Sep 2318-597030 Jun 2319-707031 Mar 2321-699031 Dec 2222-6210030 Sep 2228-5412031 Dec 2131-128030 Sep 2122-64031 Dec 203-141031 Dec 190-110양질의 수익: GRDI는 $19.3M 규모의 큰 일회성 이익이 있어 30th June, 2024까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: GRDI는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: GRDI는 지난 5년 동안 흑자전환하며 연평균 -14.8%의 수익 성장을 기록했습니다.성장 가속화: GRDI는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: GRDI는 지난해 흑자전환하여 지난 해 수익 성장률을 Software 업계(13%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: GRDI의 부채가 자산을 초과하여 자본 수익률을 계산하기 어렵습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/11/01 18:32종가2024/10/30 00:00수익2024/06/30연간 수익2023/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Griid Infrastructure Inc.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • May 16First quarter 2024 earnings released: US$0.096 loss per share (vs US$0.96 loss in 1Q 2023)First quarter 2024 results: US$0.096 loss per share (improved from US$0.96 loss in 1Q 2023). Revenue: US$5.82m (up 31% from 1Q 2023). Net loss: US$6.48m (loss narrowed 42% from 1Q 2023).
Reported Earnings • Apr 19Full year 2023 earnings released: US$0.34 loss per share (vs US$1.28 loss in FY 2022)Full year 2023 results: US$0.34 loss per share (improved from US$1.28 loss in FY 2022). Revenue: US$19.6m (down 12% from FY 2022). Net loss: US$18.7m (loss narrowed 70% from FY 2022).
공지 • Nov 02Griid Infrastructure Inc.(NasdaqGM:GRDI) dropped from NASDAQ Composite IndexGriid Infrastructure Inc. has been dropped from the Nasdaq Composite Index.
공지 • Nov 01CleanSpark, Inc. (NasdaqCM:CLSK) completed the acquisition of Griid Infrastructure Inc. (NEOE:GRDI) from Griid Holdco LLC, Adit Edtech Sponsor, LLC, Blockchain Capital Solutions (US), Inc. and others.CleanSpark, Inc. (NasdaqCM:CLSK) entered into an agreement to acquire Griid Infrastructure Inc. (NEOE:GRDI) from Griid Holdco LLC, Adit Edtech Sponsor, LLC, Blockchain Capital Solutions (US), Inc. and others for approximately $82.2 million on June 26, 2024. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. Concurrent with the signing of the merger agreement, the companies also entered into an exclusive hosting agreement for all currently available power, of which 20 MW will be allocated to CleanSpark effective immediately. CleanSpark also provided GRIID with a $5 million dollar working capital loan and a pay-down bridge loan of approximately $50.9 million that was used to satisfy certain obligations of GRIID at signing. Termination by CleanSpark because GRIID, its subsidiaries or any of its directors or officers materially breached its non-solicitation obligations, GRIID would be required to pay CleanSpark a termination fee of $1.5 million. The transaction is subject to approval of offer by acquirer shareholders. The deal has been unanimously approved by the board. The GRIID board established a special committee of independent directors (the “GRIID special committee”), and appointed Sharmila Kassam and Cristina Dolan to serve as members of the GRIID special committee, with Kassam serving as chair. The expected completion of the transaction is July 1, 2024 to September 30, 2024. As of July 3, 2024 the expected to close before the end of September. The CleanSpark anticipates the completion of the acquisition of GRIID Infrastructure Inc. will occur before October month's end. As on October 28, 2024 the transaction has been approved by Griid Infrastructure shareholders. Christopher J. Bellini and Joseph C. Bedwick of Cozen O'Connor acted as legal advisor and due diligence provider for CleanSpark, Inc. Patrick B. Costello of Troutman Pepper Hamilton Sanders LLP acted as legal advisor for Griid Infrastructure Inc. Lincoln International LLC is serving as financial advisor as well as fairness opinion advisor to Griid. Lincoln International LLC and Troutman Pepper Hamilton Sanders LLP acted as due diligence providers for Griid. Lincoln will receive a fee in the amount of $300,000 for its services. Continental Stock Transfer & Trust Company acted as transfer agent to GRIID. Securities Transfer Corporation is the transfer agent and registrar for CleanSpark common stock. Continental Stock Transfer & Trust Company acted as transfer agent to GRIID. CleanSpark, Inc. (NasdaqCM:CLSK) completed the acquisition of Griid Infrastructure Inc. (NEOE:GRDI) from Griid Holdco LLC, Adit Edtech Sponsor, LLC, Blockchain Capital Solutions (US), Inc. and others on October 30, 2024. In connection with the closing of the transaction, GRIID has requested that Nasdaq suspend trading of the GRIID common stock and GRIID public warrants on Nasdaq prior to the opening of trading on October 31, 2024. The shares of GRIID common stock are expected to be delisted from Cboe Canada at the end of the day on October 31, 2024.
공지 • Oct 31GRIID Infrastructure's Common Stock to be Delist from Cboe Canada at the End of the Day on October 31, 2024CleanSpark Inc. announced the completed acquisition of GRIID Infrastructure Inc. (‘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. Under the terms of the merger agreement originally announced on June 27, 2024, each share of GRIID common stock was converted into approximately 0.06959 of a share of CleanSpark common stock at the effective time of the merger. In connection with the closing of the transaction, GRIID has requested that Nasdaq suspend trading of the GRIID common stock and GRIID public warrants on Nasdaq prior to the opening of trading on October 31, 2024. The shares of GRIID common stock are expected to be delisted from Cboe Canada at the end of the day on October 31, 2024.
공지 • Oct 08GRIID Infrastructure Receive Notice from Nasdaq Regarding Non-Compliance with the Minimum Bid Price Requirement under Nasdaq Listing Rule 5450(a)(1)On October 3, 2024, GRIID Infrastructure Inc. (the ‘Company’) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’) notifying the Company that the listing of its common stock, par value $0.0001 per share (the ‘common stock’), was not in compliance with Nasdaq Listing Rule 5450(a)(1) (the ‘Bid Price Rule’) for continued listing on the Nasdaq Global Market, as the minimum bid price of the Company’s common stock was less than $1.00 per share for the previous 30 consecutive business days. Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days, or until April 1, 2025, to regain compliance with the rule referred to in this paragraph. To regain compliance with the Bid Price Rule during this 180-day compliance period, the Company’s minimum bid price of listed securities must close at $1.00 per share or more for a minimum of 10 consecutive business days. The notice has no present impact on the listing of the Company’s securities on the Nasdaq Global Market. If the Company does not regain compliance with the Bid Price Rule prior to the expiration of the 180-day compliance period, the Company may be eligible for additional time to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(ii) by transferring to the Nasdaq Capital Market. To qualify, the Company would need to submit a Transfer Application and an application fee. In addition, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, except the minimum bid price requirement. In addition, the Company would need to provide written notice to Nasdaq of its intention to cure the minimum bid price deficiency during the second compliance period by effecting a reverse stock split, if necessary. As part of its review process, the Nasdaq staff will determine whether it believes the Company will be able to cure this deficiency. Should the Nasdaq staff conclude that the Company will not be able to cure the deficiency, or should the Company determine not to submit a Transfer Application or make the required representation, the Nasdaq staff will provide notice that the Company’s common stock will be subject to delisting. If the Company does not regain compliance within the allotted compliance period(s), including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Company’s common stock will be subject to delisting. At such time, the Company may appeal the delisting determination to a Hearings Panel. The Company intends to actively monitor the minimum bid price of its common stock and, as appropriate, will consider available options to resolve the deficiencies and regain compliance with the Bid Price Rule, including applying to transfer to the Nasdaq Capital Market or effecting a reverse stock split. There can be no assurance that the Company will be successful in maintaining the listing of its common stock on the Nasdaq Global Market, or, if transferred, on the Nasdaq Capital Market.
공지 • Jun 28CleanSpark, Inc. (NasdaqCM:CLSK) entered into an agreement to acquire Griid Infrastructure Inc. (NEOE:GRDI) for approximately $160 million.CleanSpark, Inc. (NasdaqCM:CLSK) entered into an agreement to acquire Griid Infrastructure Inc. (NEOE:GRDI) for approximately $160 million on June 26, 2024. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. Concurrent with the signing of the merger agreement, the companies also entered into an exclusive hosting agreement for all currently available power, of which 20 MW will be allocated to CleanSpark effective immediately. CleanSpark also provided GRIID with a $5 million dollar working capital loan and a pay-down bridge loan of approximately $50.9 million that was used to satisfy certain obligations of GRIID at signing. Termination by CleanSpark because GRIID, its subsidiaries or any of its directors or officers materially breached its non-solicitation obligations, GRIID would be required to pay CleanSpark a termination fee of $1.5 million. The transaction is subject to approval of offer by acquirer shareholders. The deal has been unanimously approved by the board. The expected completion of the transaction is July 1, 2024 to September 30, 2024. Cozen O'Connor acted as legal advisor for CleanSpark, Inc. Troutman Pepper Hamilton Sanders LLP acted as legal advisor for Griid Infrastructure Inc. Lincoln International LLC is serving as financial advisor as well as fairness opinion advisor to Griid.
공지 • Jun 15Griid Infrastructure Receives Non-Compliance Letter from the Listing Qualifications Department of the NasdaqOn June 11, 2024, Griid Infrastructure Inc. received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC notifying the Company that the listing of its common stock was not in compliance with Nasdaq Listing Rule 5450(a)(1) for continued listing on the Nasdaq Global Market, as the minimum bid price of the Company’s common stock was less than $1.00 per share for the previous 30 consecutive business days. Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days, or until December 9, 2024, to regain compliance with the rule referred to in this paragraph. To regain compliance during this 180-day compliance period, the Company’s minimum bid price of listed securities must close at $1.00 per share or more for a minimum of 10 consecutive business days. The notice has no present impact on the listing of the Company’s securities on the Nasdaq Global Market. If the Company does not regain compliance with the Nasdaq Listing Rules prior to the expiration of the 180-day compliance period, the Company may be eligible for additional time to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(ii) by transferring to the Nasdaq Capital Market. To qualify, the Company would need to submit a Transfer Application and a $5,000 application fee. In addition, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, except the minimum bid price requirement. In addition, the Company would need to provide written notice to Nasdaq of its intention to cure the minimum bid price deficiency during the second compliance period by effecting a reverse stock split, if necessary. As part of its review process, the Nasdaq staff will determine whether it believes the Company will be able to cure this deficiency. Should the Nasdaq staff conclude that the Company will not be able to cure the deficiency, or should the Company determine not to submit a Transfer Application or make the required representation, Nasdaq will provide notice that the Company’s shares of common stock will be subject to delisting. If the Company does not regain compliance within the allotted compliance period(s), including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Company’s shares of common stock will be subject to delisting. At such time, the Company may appeal the delisting determination to a Hearings Panel. The Company intends to actively monitor its minimum bid price of the Company’s common stock and, as appropriate, will consider available options to resolve the deficiencies and regain compliance with the Nasdaq Listing Rules, including applying to transfer to the Nasdaq Capital Market or effecting a reverse stock split. There can be no assurance that the Company will be successful in maintaining the listing of its common stock on the Nasdaq Global Market, or, if transferred, on the Nasdaq Capital Market.
Reported Earnings • May 16First quarter 2024 earnings released: US$0.096 loss per share (vs US$0.96 loss in 1Q 2023)First quarter 2024 results: US$0.096 loss per share (improved from US$0.96 loss in 1Q 2023). Revenue: US$5.82m (up 31% from 1Q 2023). Net loss: US$6.48m (loss narrowed 42% from 1Q 2023).
Reported Earnings • Apr 19Full year 2023 earnings released: US$0.34 loss per share (vs US$1.28 loss in FY 2022)Full year 2023 results: US$0.34 loss per share (improved from US$1.28 loss in FY 2022). Revenue: US$19.6m (down 12% from FY 2022). Net loss: US$18.7m (loss narrowed 70% from FY 2022).
New Risk • Mar 31New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (43% average weekly change). Negative equity (-US$110m). Earnings have declined by 63% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (US$89.6m market cap).
공지 • Jan 30Griid Infrastructure Inc. COM Deleted from OTC EquityGriid Infrastructure Inc. COM has been deleted from OTC Equity effective January 29, 2024, due to Market Center Change Listed on NASDAQ.
Board Change • Jan 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Sundar Subramaniam was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.