We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Akerna Corp. (“Akerna” or the “Company”) (NASDAQ: KERN) in connection with its merger with Gryphon Digital Mining, Inc.(“Gryphon”). Under the merger agreement, Gryphon will become a wholly owned subsidiary of Akerna. Upon completion of the transaction, Gryphon shareholders will own 92.5% while Akerna shareholders will only own 7.5% of the combined company.
Weiss Law is investigating whether (i) Akerna’s board acted in the best interests of Company shareholders in agreeing to the merger,(ii) the share merger consideration adequately compensates Akerna’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.