Investing
Akerna sets date for stockholder vote on Gryphon merger
© Reuters
DENVER – Akerna Corp. (NASDAQ:), a technology firm, has scheduled a special meeting of its stockholders for January 29, 2024, to vote on a proposed merger with Gryphon Digital Mining, Inc. The U.S. Securities and Exchange Commission (SEC) has declared effective the registration statement on Form S-4, which acts as a proxy statement for Akerna stockholders to solicit votes and as a prospectus for Gryphon stockholders regarding the share issuance under the transaction.
This announcement follows the completion of the Form S-4, which provides detailed information on the merger and is available on the SEC’s website. The record date for stockholders entitled to vote at the special meeting was set as December 21, 2023. Approximately 41% of Akerna shareholders and about 72% of Gryphon stockholders have already entered into support agreements for the merger.
Rob Chang, CEO of Gryphon, expressed confidence in the merger, emphasizing the combined entity’s commitment to environmental, social, and governance (ESG) principles and carbon-neutral bitcoin mining operations. The merger is expected to close on January 31, 2024, subject to approval by both Akerna and Gryphon stockholders, final approval by Nasdaq, and other customary closing conditions. The new company’s common stock is anticipated to be listed on Nasdaq under the ticker symbol GRYP.
The information provided in this article is based on a press release statement from Akerna Corp.
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