Adit EdTech Acquisition Corp.
Status: Deal Closed
U=S+W/2
W=S@11.5
IPO Proceeds, $M | $276.00M |
---|---|
IPO Date | Jan 12, 2021 |
CEO | David L. Shrier |
Left Lead | EarlyBirdCapital |
IPO Cash in Trust | 100.0% |
SPAC Tenor | 24 + 6 + 6 |
IPO Sector |
Consumer
Education, training and education technology industries |
IPO Geography | Global |
Target Company | Griid |
Deal Announced | Nov 30, 2021 |
Deal Size, $M | $3,300.00M |
Deal Sector | Financial |
Deal Geography | US/Canada |
SEC Filings | www.sec.gov |
Approval Vote | Nov 30, 2023 |
Amendment Vote | Jul 11, 2023 |
Closing Date | Dec 29, 2023 |
Formerly ADEX
GRDI
Price | |
---|---|
Volume, 3-month avg. | N/A |
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- Structure and cap table
- 10 directors & officers
- 51 filings and events
- 4 underwriters
- 2 deal advisors
- 2 legal advisors
Structure
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Team
Name | Age | Title |
---|---|---|
Eric L. Munson | 59 | Non-executive Chairman |
David L. Shrier | 47 | President, CEO and Director |
John J. D'Agostino | 45 | CFO and Treasurer |
Elizabeth B. Porter | 50 | CTO and Secretary |
Jacob Cohen | 47 | Director |
Sharmila Kassam | 46 | Director |
Sheldon Levy | 71 | Director |
William J. Bennett | Advisor | |
Eva Kaili | Advisor | |
Vuk Jeremić | Advisor |
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Advisors
Underwriters
EarlyBirdCapital | BR | 11,640,000 | units |
B. Riley FBR | 9,600,000 | ||
Maxim | 2,400,000 | ||
U.S. Capital Advisors | 360,000 | ||
24,000,000 | units | ||
Up-Front UW fee | 2.00 | % | |
Deferred UW fee |
3.50 | % |
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Deal
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