Articles from Ionic Digital, Inc.

Ionic Digital, Inc. (“Ionic” or the “Company”), a digital infrastructure and cryptocurrency mining company, today announced that its Interim Chief Executive Officer, Anthony McKiernan issued the following letter to Ionic shareholders:

Ionic Digital, Inc. (“Ionic” or the “Company”), a digital infrastructure and cryptocurrency mining company, today announced the appointment of Anthony McKiernan as Interim Chief Executive Officer, effective immediately. McKiernan, who brings more than two decades of public company financial services leadership experience, succeeds John Penver, who departed from his role as Interim Chief Executive Officer and Chief Financial Officer.

Ionic Digital, Inc. (“Ionic” or the “Company”), a digital infrastructure and cryptocurrency mining company, today announced that its Amended and Restated Management Services Agreement (the “A&R MSA”) with U.S. Data Management Group, LLC (“Hut 8”) has been terminated pursuant to notice provided on November 26, 2024, and without incurrence of the $22.5 million termination fee.

Ionic Digital, Inc., (“Ionic” or the “Company”), a digital infrastructure and cryptocurrency mining company, announced the appointment of Laura Schnaidt to the role of Chief Legal Officer, following the departure of Charles B. Ammann. Ms. Schnaidt brings nearly two decades of legal and compliance experience to Ionic, most recently as Counsel at global law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP, where she served as a trusted advisor to asset management and financial services businesses in diverse stages of business transformation.