<ul><li>Tony Vejseli, Figure Markets Holdings Inc., and GXD Labs issued a statement clarifying their recent meeting with the board and management of Ionic Digital.</li><li>The Group expressed concerns regarding the Board's lack of knowledge of core operating metrics and skepticism about Ionic's ability to complete its audit within the announced timeframe.</li><li>Alternative liquidity options and concerns about Ionic's contract with Hut 8 were discussed, but no alternative path forward was explored by the Board or management.</li><li>The Group proposed a plan for board refreshment and urged shareholders to review the proposal and consider supporting a special meeting for board changes.</li></ul>

Tony Vejseli, Figure Markets And GXD Labs Provide Clarification, Met With Ionic Digital’s Board

Discover more