Item 5.07 Submission of Matters to a Vote of Security Holders.
On December 14, 2022, Adit EdTech Acquisition Corp., a Delaware corporation
("ADEX" or the "Company"), convened its special meeting of its stockholders (the
"Special Meeting"). The purpose of the meeting was described in ADEX's
definitive proxy statement as filed with the Securities and Exchange Commission
(the "SEC") on November 14, 2022 (the "Proxy Statement").
The only proposal submitted for a vote of the stockholders at the Special
Meeting was for the approval of the adjournment of such meeting (the
"Adjournment Proposal"). The Adjournment Proposal is described in further detail
in the Proxy Statement. The Adjournment Proposal was approved by stockholders at
the Special Meeting. In accordance with the authority granted pursuant to the
Adjournment Proposal, the Special Meeting was adjourned. ADEX will continue to
solicit additional proxies on the proposal to extend the time ADEX has to
consummate its initial business combination, as described in the Proxy Statement
(the "Extension Proposal"). The adjourned Special Meeting will reconvene at
11:00 a.m. Eastern time on December 23, 2022, and will still be held virtually
at https://www.cstproxy.com/aditedtech/2022. The sole item to be considered at
the reconvened Special Meeting will be the Extension Proposal.
As of the close of business on November 4, 2022, the record date for the Special
Meeting, there were 34,500,000 shares of Common Stock outstanding. Each share of
common stock was entitled to one vote on the Adjournment Proposal. A total of
25,124,776 shares of Common Stock, representing approximately 72.9% of the
outstanding shares of Common Stock entitled to vote, were present in person or
by proxy, constituting a quorum to conduct business.
The Company's stockholders approved the Adjournment Proposal by the votes set
forth below, prior to the adjournment of the Special Meeting:
For Against Abstain
24,617,756 473,210 33,810
Item 8.01 Other Events.
Furnished as Exhibit 99.1 hereto is a press release, dated December 15, 2022,
issued by ADEX announcing that ADEX convened and then adjourned the Special
Meeting, which will reconvene on December 23, 2022 at 11:00 a.m. Eastern Time.
Important Information About the Merger and Where to Find It
This Current Report is not a proxy statement or solicitation of a proxy, consent
or authorization with respect to any securities or in respect of the proposed
business combination transaction between ADEX and Griid Holdco LLC ("GRIID") and
shall not constitute an offer to sell or a solicitation of an offer to buy the
securities ofGRIID, the combined company or ADEX, nor shall there be any sale of
any such securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or qualification
under the securities laws of such state or jurisdiction. ADEX has filed a
Registration Statement on Form S-4, as amended from time to time, containing a
proxy statement/prospectus with the SEC. The definitive proxy
statement/prospectus will be sent to all ADEX stockholders. Before making any
voting decision, investors and security holders of ADEX are urged to read the
proxy statement/prospectus and all other relevant documents filed or that will
be filed with the SEC in connection with the proposed transaction as they become
available because they will contain important information about the proposed
transaction. Investors and security holders will be able to obtain free copies
of the proxy statement/prospectus and all other relevant documents filed or that
will be filed with the SEC by ADEX through the website maintained by the SEC at
www.sec.gov.
Participants in Solicitation
GRIID, ADEX and their respective directors, executive officers and employees may
be deemed to be participants in the solicitation of proxies in respect of the
proposed transaction. Information regarding ADEX's directors and executive
officers is available in ADEX's Annual Report on Form 10-K for the year ended
December 31, 2021 filed
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with the SEC on March 21, 2022. Information regarding the persons who may, under
the rules of the SEC, be deemed participants in the proxy solicitation and a
description of their direct and indirect interests, by security holdings or
otherwise, will be contained in the proxy statement/prospectus and other
relevant materials to be filed with the SEC when they become available.
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Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No. Description of Exhibits
99.1 Press Release, dated December 15, 2022.
104 Cover Page Interactive Data File - Embedded within the inline XBRL
document.
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