Streetbeat News

ADEX

Adit Edtech Acquisition Corp

Open

5.40

Mkt cap

48M

Volume

53K

High

6.50

P/E Ratio

-28.32

52-wk high

12.39

Low

4.92

Div yield

N/A

52-wk low

3.07

GRIID Infrastructure, a bitcoin mining company, has completed its business combination with Adit EdTech Acquisition Corp., a special purpose acquisition company (SPAC). This merger allows GRIID to become a publicly traded company and provides it with access to additional capital to fund its operations and growth.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 2:04 pm

Shares of Adit EdTech Acquisition Corp. (ADEX) have been halted pending an announcement of news. Investors are awaiting the details of the news, which could significantly impact the company's stock price in the short term.

Portfolio Pulse from Bill Haddad

December 29, 2023 | 9:08 pm

RayzeBio, Inc. (RYZB) shares surged 100% after announcing its acquisition by Bristol Myers Squibb for $62.50 per share in cash, valuing the deal at $4.1 billion. Other stocks also moved significantly in Tuesday's mid-day session, with ARB IOT Group Limited (ARBB) and IMAC Holdings, Inc. (BACK) among the top gainers, while PARTS iD, Inc. (ID) and Milestone Pharmaceuticals Inc. (MIST) were among the top losers.

Portfolio Pulse from Avi Kapoor

December 26, 2023 | 6:48 pm

U.S. stocks traded higher with the Dow Jones gaining over 100 points. Energy shares led the gains, while health care shares fell slightly. The S&P CoreLogic Case-Shiller 20-city home price index reported a 4.9% increase year-over-year in October. Gracell Biotechnologies surged 59% after AstraZeneca agreed to acquire it. Inspira Technologies rose 93% on positive blood sensor results. Stratasys gained 11% after a buyout proposal from Nano Dimension. Adit EdTech announced plans to de-list from NYSE American, causing its shares to drop 18%. Milestone Pharmaceuticals fell 34% after an FDA refusal to file letter. Oncternal Therapeutics dropped 12% after updating its Phase 1/2 study status.

Portfolio Pulse from Avi Kapoor

December 26, 2023 | 5:20 pm

Adit EdTech Acquisition Corp. (ADEX) has announced its intention to voluntarily de-list from the NYSE American, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 4:40 pm

Adit EdTech Acquisition Corp. (ADEX) has announced its plan to voluntarily de-list from the NYSE American. This decision follows the NYSE American's indication that it would not approve the listing of the post-closing company. ADEX has notified the NYSE American and plans to file a Form 25 with the SEC to proceed with the de-listing, expected to be effective around January 15, 2024. ADEX is seeking to list its common stock and warrants in the U.S. and Canada post its business combination with Griid Holdco LLC and will continue to file periodic reports with the SEC.

Portfolio Pulse from Happy Mohamed

December 26, 2023 | 1:05 pm

Johnson Controls International plc (NYSE:JCI) shares dropped over 6% due to weaker-than-expected quarterly results, with sales of $6.91 billion missing the $7.09 billion consensus and adjusted EPS of $1.05 below the $1.09 consensus. Other stocks experienced significant movements, with notable gainers including Aditxt, Inc. (ADTX), C4 Therapeutics, Inc. (CCCC), and Icosavax, Inc. (ICVX), among others. Losers included Achieve Life Sciences, Inc. (ACHV), Harbor Custom Development, Inc. (HCDI), and Oracle Corporation (ORCL), with various reasons such as FDA feedback, bankruptcy filing, and missed sales estimates, respectively.

Portfolio Pulse from Avi Kapoor

December 12, 2023 | 6:22 pm

Adit EdTech Acquisition's board has decided to extend the deadline for the company to complete an initial business combination to January 14, 2024, according to a filing.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 8:56 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.