Brief: Akerna Corp. Announces Merger With Gryphon Digital Mining And Sale Of Software Business To Posabit

American Bitcoin

27/01/2023 14:31

Jan 27 (Reuters) - Akerna Corp  KERN.O :
    * AKERNA CORP. ANNOUNCES MERGER WITH GRYPHON DIGITAL MINING
AND
SALE OF SOFTWARE BUSINESS TO POSABIT
    * AKERNA CORP - AKERNA TO SELL ITS CANNABIS SOFTWARE
BUSINESS,
INCLUDING MJ PLATFORM AND LEAF DATA SYSTEMS, TO POSABIT IN A $4
MILLION CASH TRANSACTION
    * AKERNA CORP - COMBINED COMPANY IS EXPECTED TO CONTINUE TO
BE
PUBLICLY TRADED ON NASDAQ
    * AKERNA CORP - WILL MERGE WITH GRYPHON DIGITAL MINING, INC.
IN AN
ALL-STOCK DEAL
    * AKERNA CORP - AKERNA WILL CHANGE ITS NAME TO GRYPHON
DIGITAL
MINING, INC
    * AKERNA CORP - ROB CHANG WILL SERVE AS CHIEF EXECUTIVE
OFFICER OF
COMBINED COMPANY
    * AKERNA CORP - MERGER AGREEMENT PROVIDES THAT BOARD OF
DIRECTORS
OF COMBINED COMPANY WILL COMPRISE OF SEVEN MEMBERS
    * AKERNA CORP - MERGER EXPECTED TO PROVIDE AKERNA
SHAREHOLDERS
WITH ACCESS TO BITCOIN MINING INDUSTRY

Source text for Eikon:  ID:nGNX1F2SM5 
Further company coverage:  KERN.O 
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