ADEX is a publicly listed special purpose acquisition company sponsored by an affiliate of Adit Ventures, LLC, formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. ADEX’s strategy is to focus on companies which offer an opportunity for stockholder value creation through the combination of (i) an attractive valuation entry point, (ii) a clear plan to unlock incremental value through operational and/or strategic improvements and (iii) a clear path to bring the target company to the public market and implement best-in-class public company governance. ADEX’s CEO, David Shrier, has published multiple books about blockchain and fintech and created the global online fintech and blockchain programs for the Massachusetts Institute of Technology and the University of Oxford. ADEX’s CFO, John D’Agostino, founded and leads the AIMA Digital Asset Working Group, is Chair of the of the UK Consulate’s Financial Services Working Group, and is Fellow of the AIF Global Financial Innovation Institute.
Company profile
Ticker
GRDI, GRDI-QH
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Adit EdTech Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
ADEX Merger Sub, LLC ...
IRS number
853477678
GRDI stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
24 Apr 24
EFFECT
Notice of effectiveness
23 Apr 24
POS AM
Prospectus update (post-effective amendment)
16 Apr 24
S-8
Registration of securities for employees
16 Apr 24
10-K
2023 FY
Annual report
15 Apr 24
NT 10-K
Notice of late annual filing
1 Apr 24
EFFECT
Notice of effectiveness
1 Feb 24
CORRESP
Correspondence with SEC
30 Jan 24
S-1/A
IPO registration (amended)
29 Jan 24
8-K
Other Events
29 Jan 24
Latest ownership filings
4
Alexander G Fraser
18 Apr 24
4
Alexander G Fraser
25 Mar 24
4
Michael W Hamilton
11 Mar 24
SC 13G/A
Adit EdTech Sponsor, LLC
14 Feb 24
SC 13G/A
Radcliffe Capital Management, L.P.
14 Feb 24
4
DAVID L. SHRIER
12 Jan 24
SC 13G
Blockchain Capital Solutions (US), Inc.
10 Jan 24
SC 13D
Zaccagnino Tom
8 Jan 24
SC 13D
Kelly James Donald III
8 Jan 24
3
Neal Simmons
3 Jan 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 42 |
Opened positions | 1 |
Closed positions | 2 |
Increased positions | 4 |
Reduced positions | 8 |
13F shares | Current |
---|---|
Total value | 623.60 mm |
Total shares | 12.79 mm |
Total puts | 0.00 |
Total calls | 405.00 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Adit EdTech Sponsor | 6.83 mm | $67.64 mm |
Aristeia Capital | 1.06 mm | $73.87 mm |
Linden Advisors | 786.40 k | $54.97 mm |
Adage Capital Partners GP, L.L.C. | 561.08 k | $37.54 mm |
Shaolin Capital Management | 471.41 k | $32.00 k |
Radcliffe Capital Management | 367.50 k | $25.69 mm |
Castle Creek Arbitrage | 260.73 k | $17.44 mm |
Ionic Capital Management | 231.86 k | $16.21 mm |
Walleye Capital | 225.66 k | $15.10 mm |
Context Capital Management | 202.42 k | $14.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Apr 24 | Alexander G Fraser | Stock Options Common Stock | Grant | Acquire A | No | No | 0.988 | 300,000 | 296.40 k | 300,000 |
24 Mar 24 | Alexander G Fraser | Stock Options Common Stock | Grant | Acquire A | No | No | 1.09 | 300,000 | 327.00 k | 300,000 |
8 Mar 24 | Michael W Hamilton | Common Stock | Sell | Dispose S | No | No | 1.8 | 10,000 | 18.00 k | 704,954 |
8 Mar 24 | Michael W Hamilton | Common Stock | Sell | Dispose S | No | No | 1.74 | 10,000 | 17.40 k | 714,954 |
8 Mar 24 | Michael W Hamilton | Common Stock | Sell | Dispose S | No | No | 1.8 | 10,000 | 18.00 k | 724,954 |
11 Jan 24 | David L. Shrier | Common Stock | Sell | Dispose S | No | No | 4.85 | 1,725 | 8.37 k | 100 |
11 Jan 24 | David L. Shrier | Common Stock | Sell | Dispose S | No | No | 4.85 | 1,500 | 7.28 k | 1,825 |
11 Jan 24 | David L. Shrier | Common Stock | Sell | Dispose S | Yes | No | 4.85 | 1,350 | 6.55 k | 0 |
News
12 Information Technology Stocks Moving In Friday's After-Market Session
19 Apr 24
12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
17 Apr 24
12 Information Technology Stocks Moving In Monday's Pre-Market Session
15 Apr 24
12 Information Technology Stocks Moving In Tuesday's Pre-Market Session
2 Apr 24
12 Information Technology Stocks Moving In Friday's After-Market Session
29 Mar 24