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New Deal


Announced

Akerna to merge with Gryphon Digital Mining.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Merger

Pending

software development

Private

Software

Single Bidder

United States

Friendly

Acquisition

Majority

Synopsis

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Akerna, a software company, agreed to merge with Gryphon Digital Mining, a bitcoin mining company. Financial terms were not disclosed. "Gryphon, a leading net carbon neutral bitcoin miner, will be merging with Akerna by way of an Agreement and Plan of Merger to create a leading, ESG-committed, carbon-neutral bitcoin miner. Upon completion of the merger, Akerna will change its name to Gryphon Digital Mining, Inc. The merger is expected to provide Akerna shareholders with access to the bitcoin mining industry with one of its premier operators," Akerna.

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