Akerna Corp. Announces Anticipated Closing of the Merger with Gryphon Digital Mining, Inc. and Reverse Stock Split
DENVER, Feb. 07, 2024 (GLOBE NEWSWIRE) — Akerna Corp. (Nasdaq:KERN) (“Akerna”), today announced that the closing of its previously announced merger with Gryphon Digital Mining, Inc. (“Gryphon”) (the “Merger”) is expected to take place before markets open on Friday, February 9, 2024. Prior to closing the Merger, Akerna anticipates completing a reverse stock split of its common stock at a ratio of one share for twenty shares. Following completion of the Merger, the combined company is expected to begin trading at market open on February 9, 2024, on The Nasdaq Capital Market on a reverse stock split basis, under the new name “Gryphon Digital Mining, Inc.” and under the symbol “GRYP”.