ZEST - Ecoark says HUMBL acquisition of Agora Digital terminated

• Ecoark ( NASDAQ: ZEST ) said Friday it terminated the deal for HUMBL to acquire its ~89% owned unit Agora Digital.
• The parties were unable to agree on key terms required to close the deal and so, they mutually agreed to scrap it.
• Agora Digital plans to exit the bitcoin mining industry and will focus on being a power-centric hosting company of digital asset mining machines through its power contracts in Texas and other potential jurisdictions.
• The unit will work to source power through additional opportunities, including excess oil well flare gas.
• Agora Digital ceased mining operations in Mar. as the bitcoin market softened, put its IPO plans on hold , and divested all its bitcoin holdings this month.

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