secwatch.observer — SEC 8-K summary
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Issuer:     GRIID Infrastructure Inc. (—)
CIK:        0001830029
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001193125-23-028557
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

NYSE halts trading in ADEX securities; company fails market cap requirement, seeks transfer to NYSE American
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- NYSE halted trading in ADEX common stock, warrants, and units on February 7, 2023.
- Halt due to failure to maintain average aggregate global market cap of publicly-held shares ≥ $40M over 30 trading days.
- Company applied to transfer listing to NYSE American and is working with NYSE to facilitate.
- During halt, securities cannot be traded on any exchange or in the over-the-counter market.
- ADEX is pursuing a merger with Griid Holdco LLC; related proxy statement/prospectus filed with SEC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830029/000119312523028557/0001193125-23-028557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830029/000119312523028557/d463298d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-028557

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer