BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Spirit AeroSystems Holdings, Inc. (NYSE - SPR), Sharecare, Inc. (Nasdaq - SHCR), GRIID Infrastructure Inc. (Nasdaq - GRDI), Infinera Corporation (Nasdaq - INFN)

BALA CYNWYD, Pa., July 08, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

Spirit AeroSystems Holdings, Inc. (NYSE - SPR)

Under the terms of the agreement, Spirit will be acquired by The Boeing Company (“Boeing”) (NYSE - BA) for $37.25 per share in cash at closing, an equity value of $4.7 billion. The investigation concerns whether Spirit Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Boeing is paying fair value to shareholders of the Company.

Additional information can be found at https://www.brodskysmith.com/cases/spirit-aerosystems-holdings-inc-nyse-spr/.

Sharecare, Inc. (Nasdaq - SHCR)

Under the terms of the agreement, Sharecare will be acquired by Altaris, LLC. for $1.43 per share in cash at closing. The investigation concerns whether Sharecare Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Altaris is paying fair value to shareholders of the Company. For example, the deal consideration is below the 52-week high of $1.80 for the Company’s shares.

Additional information can be found at https://www.brodskysmith.com/cases/sharecare-inc-nasdaq-shcr/.

GRIID Infrastructure Inc. (Nasdaq - GRDI)

Under the terms of the agreement, GRIID will be acquired by CleanSpark Inc. (“CleanSpark”) (Nasdaq - CLSK) in an all-stock transaction. GRIID stockholders will receive shares of CleanSpark common stock based upon an exchange ratio. The total enterprise value, including payment and assumption of debt, of the transaction is $155 million. The investigation concerns whether the GRIID Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether CleanSpark is paying fair value to shareholders of the Company.

Additional information can be found at https://www.brodskysmith.com/cases/griid-infrastructure-inc-nasdaq-grdi/.

Infinera Corporation (Nasdaq - INFN)

Under the terms of the agreement, Infinera will be acquired by Nokia (NYSE - NOK) for $6.65 per share in cash at closing, an enterprise value of $2.3 billion. The investigation concerns whether Infinera Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Nokia is paying fair value to shareholders of the Company.

Additional information can be found at https://www.brodskysmith.com/cases/infinera-corporation-nasdaq-infn/.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.