SPAC · Merger completed
Adit EdTech Acquisition Corp.
Business combination with Griid Holdco LLC
Adit EdTech Acquisition Corp. is a blank-check company (SPAC) that raised $240M in its initial public offering on Jan 13, 2021, listing on New York Stock Exchange. It completed its business combination with Griid Holdco LLC on Dec 29, 2023; the combined company is GRIID Infrastructure Inc. (GRDI). UBS led the IPO, with EarlyBird and Maxim Group. Troutman Pepper advised the SPAC and Graubard Miller advised the underwriters on the IPO.
GRIID is an American infrastructure company that self-mines bitcoin. It is vertically integrated and owns and operates a growing portfolio of bitcoin mining facilities across the United States.
- Status
- Merger completed
- IPO date
- Jan 13, 2021
- IPO size
- $240M
- IPO exchange
- New York Stock Exchange
- Target
- Griid Holdco LLC (Legacy GRIID)
- Announced
- Nov 30, 2021
- Closed
- Dec 29, 2023
- Combined company
- GRIID Infrastructure Inc. (GRDI)
- IPO underwriters
- UBS, EarlyBird, Maxim Group and U.S. Capital
- SPAC counsel (IPO)
- Troutman Pepper
- Underwriters' counsel (IPO)
- Graubard Miller
More on this SPAC for subscribers
- Trust balance and value per share
- Liquidation deadline and extension history
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Jan 13, 2021
- Deal announcement (8-K) Nov 30, 2021
- Press release
- All filings on EDGAR CIK 1830029
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