Stronghold Urges Stockholders to Follow the “FOR” Recommendation of ISS and Glass Lewis and Support the Pending Merger With Bitfarms at the Upcoming Special Meeting
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Stronghold Digital Mining, Inc. (NASDAQ: SDIG) has announced that proxy advisory firms ISS and Glass Lewis recommend stockholders vote in favor of its merger with Bitfarms Ltd. (NASDAQ/TSX: BITF) at the upcoming special meeting on February 27, 2025.
February 19, 2025 | 9:30 pm
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POSITIVE IMPACT
Bitfarms is involved in a pending merger with Stronghold, which is recommended by ISS and Glass Lewis for approval by Stronghold's stockholders.
The merger with Stronghold is a major event for Bitfarms, and the endorsement by ISS and Glass Lewis could positively impact investor perception and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 80
POSITIVE IMPACT
Stronghold Digital Mining is pushing for stockholder approval of its merger with Bitfarms, supported by recommendations from ISS and Glass Lewis.
The merger is a significant corporate action for Stronghold, and the support from ISS and Glass Lewis is likely to positively influence stockholder sentiment and potentially the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100