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BRIEF-Cleanspark Announces Agreement To Acquire GRIID Infrastructure Based On An Enterprise Value Of $155 Mln And Expansion Plans Of Over 400 MW In Tennessee
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BRIEF-Cleanspark Announces Agreement To Acquire GRIID Infrastructure Based On An Enterprise Value Of $155 Mln And Expansion Plans Of Over 400 MW In Tennessee
Jun 27, 2024 6:38 AM

June 27 (Reuters) - CleanSpark Inc ( CLSK ):

* CLEANSPARK ANNOUNCES AGREEMENT TO ACQUIRE GRIID

INFRASTRUCTURE

BASED ON AN ENTERPRISE VALUE OF $155 MILLION AND EXPANSION PLANS

OF OVER 400 MW IN TENNESSEE

* CLEANSPARK INC ( CLSK ): PROPOSED DEAL FOR ENTERPRISE VALUE $155

MILLION

* CLEANSPARK INC ( CLSK ): PROVIDED GRIID WITH $5 MILLION WORKING

CAPITAL

LOAN, PAY-DOWN BRIDGE LOAN OF ABOUT $50.9 MILLION

Source text for Eikon:

Further company coverage:

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