Mergers & Acquisitions
By The Online Investor Staff, updated Fri., Feb. 3, 11:48 AM
This Slide: #45 of 100 |
Slide #45. Akerna Corp. — Gryphon Digital Mining
Acquirer:
Akerna Corp. (NASDAQ:KERN)
Acquiree:
Gryphon Digital Mining
Details:
Akerna Corp. ("Akerna") (Nasdaq: KERN) today announced it will merge with Gryphon Digital Mining, Inc. ("Gryphon") in an all-stock deal. Simultaneously with the closing of the merger with Gryphon, Akerna will sell its software business to POSaBIT Systems Corporation ("POSaBIT") (CSE: PBIT, OTC: POSAF), a leading provider of payments infrastructure in the cannabis industry.
Akerna is a provider of enterprise software solutions within the cannabis industry. Co.'s suite of small and medium products including MJ Platform, Ample Organics, and Trellis provide software as a service offerings for legal cannabis, hemp and CBD businesses. Co.'s data products include: AmpleData, which utilizes data obtained through Canadian regulated retail channels; and Last Call Analytics, which provides retail sales analytics for alcohol brands. Co. provides project-focused consulting services to clients that are initiating or expanding their cannabis businesses or are interested in data consulting engagements regarding the legal cannabis industry.
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