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Halper Sadeh LLC investigates whether the sale of Griid Infrastructure Inc. is fair to shareholders

NEW YORK, NY / ACCESSWIRE / June 29, 2024 / Halper Sadeh LLC, a law firm specializing in investor rights, is currently investigating whether the sale of GRIID Infrastructure Inc. (NASDAQ: GRDI) to CleanSpark Inc. is fair to GRIID shareholders. Under the terms of the proposed transaction, GRIID shareholders will receive shares of CleanSpark common stock at an exchange ratio equal to the aggregate merger consideration divided by the total number of shares of GRIID common stock issued and outstanding as of the closing date of the proposed transaction.

Halper Sadeh encourages GRIID shareholders Click here to learn more about your legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or (email protected) or (email protected).

The investigation is concerned with whether GRIID and its board of directors violated the U.S. securities laws and/or their fiduciary duties to shareholders by failing, among other things, to: (1) obtain the best possible consideration for GRIID shareholders; (2) determine whether CleanSpark is underpaying GRIID; and (3) disclose all material information necessary for GRIID shareholders to reasonably evaluate and value the consideration for the merger.

On behalf of GRIID shareholders, Halper Sadeh LLC may seek increased stockholder consideration, additional disclosures and information regarding the proposed transaction, or other relief and benefits. We conduct the proceedings on a contingency basis, so that you do not have to pay our legal fees or costs out of your own pocket.

Halper Sadeh LLC represents investors around the world who have been victims of securities fraud and corporate malpractice. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney advertising. Past results do not guarantee a similar result.

Contact information:

Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
(email protected)
(email protected)

SOURCE: Halper Sadeh LLC

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