NYSE:ADEX Investor Alert: Investigation of Merger of Adit EdTech Acquisition Corp. With Griid Infrastructure LLC

An investigation on behalf of investors of Adit EdTech Acquisition Corp. (NYSE:ADEX) in connection with the proposed takeover was announced and NYSE:ADEX stockholders should contact the Shareholders Foundation.

San Diego, CA — (SBWIRE) — 03/24/2022 — An investigation on behalf of investors, who currently hold shares of Adit EdTech Acquisition Corp. (NYSE: ADEX), was announced concerning whether the takeover of Adit EdTech Acquisition Corp. is unfair to NYSE: ADEX stockholders.

Investors who purchased shares of Adit EdTech Acquisition Corp. (NYSE: ADEX) and currently hold any of those NYSE: ADEX shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

The investigation by a law firm concerns whether the Board of Adit EdTech has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.

On November 30, 2021, Griid Infrastructure LLC (together with GRIID Holdco (as defined below), and Adit EdTech Acquisition Corp.) (NYSE: ADEX, ADEX.U, and ADEX.WS), a special purpose acquisition company sponsored by an affiliate of Adit Ventures, LLC (“Adit”), announced that they have entered into a merger agreement under which Adit EdTech will acquire Griid Holdco LLC (“GRIID Holdco”), a newly formed holding company and parent of GRIID. Upon completion of the proposed transaction. the combined company is expected to operate under the name “GRIID Infrastructure Inc.” and be listed on the NYSE under the new ticker symbol “GRDI”.

Those who are current investors in Adit EdTech Acquisition Corp. (NYSE: ADEX) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit: http://www.sbwire.com/press-releases/nyseadex-investor-alert-investigation-of-merger-of-adit-edtech-acquisition-corp-with-griid-infrastructure-llc-1355206.htm

Media Relations Contact

Christopher Clausen
Shareholders Foundation
Telephone: 1-858-779-1554
Email: Click to Email Christopher Clausen
Web: https://www.shareholdersfoundation.com/