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Power & Digital Infrastructr Acqstn Corp

XPDI.O

Latest Trade

10.98USD

Change

0.00(0.00%)

Volume

19,082

Today's Range

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52 Week Range

9.72

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11.00

As of on the NASDAQ ∙ Minimum 15 minute delay

Latest Developments

Core Scientific To List On Nasdaq Through Merger With Power & Digital Infrastructure Acquisition

July 21 (Reuters) - Power & Digital Infrastructure Acquisition Corp <XPDI.O>::CORE SCIENTIFIC, LARGEST BLOCKCHAIN HOSTING PROVIDER AND DIGITAL ASSET MINER IN NORTH AMERICA, TO LIST ON NASDAQ THROUGH MERGER WITH POWER & DIGITAL INFRASTRUCTURE ACQUISITION CORP..POWER & DIGITAL INFRASTRUCTURE ACQUISITION CORP - MERGER REPRESENTS A COMBINED COMPANY ENTERPRISE VALUE OF APPROXIMATELY $4.3 BILLION.POWER & DIGITAL INFRASTRUCTURE ACQUISITION CORP - DEAL EXPECTED TO PROVIDE IN EXCESS OF $300 MILLION IN NET CASH PROCEEDS TO CORE SCIENTIFIC AT CLOSING.POWER & DIGITAL INFRASTRUCTURE ACQUISITION CORP - EXISTING CORE SCIENTIFIC STOCKHOLDERS ARE RETAINING 100% OF THEIR EQUITY IN COMBINED COMPANY.POWER & DIGITAL INFRASTRUCTURE ACQUISITION CORP - COMBINED CO IS EXPECTED TO OPERATE AS CORE SCIENTIFIC, INC..POWER & DIGITAL INFRASTRUCTURE ACQUISITION CORP - FOLLOWING CLOSE OF DEAL, COMBINED CO WILL CONTINUE TO BE LED BY MIKE LEVITT AS CO-CHAIRMAN & CEO.POWER & DIGITAL INFRASTRUCTURE ACQUISITION CORP - CORE SCIENTIFIC STOCKHOLDERS WILL OWN ABOUT 89% SHARES OF COMBINED CO.POWER & DIGITAL INFRASTRUCTURE ACQUISITION CORP - PROCEEDS FROM TRANSACTION ARE EXPECTED TO FUND MINING EQUIPMENT PURCHASES AND INFRASTRUCTURE.POWER & DIGITAL INFRASTRUCTURE ACQUISITION CORP - XPDI PUBLIC STOCKHOLDERS WILL OWN ABOUT 8%, XPDI'S SPONSOR WILL OWN ABOUT 2% SHARES OF COMBINED CO.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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