Argo Blockchain Plans ADS Listing in Q3 2021

Argo Blockchain Plans ADS Listing in Q3 2021

Argo Blockchain, a U.K.-listed bitcoin mining firm, said it expects to sell shares in the U.S. in the third quarter subject to regulatory approval.

  • The London-based company said Wednesday it submitted a draft registration statement to the Securities and Exchange Commission (SEC) for the sale of American Depositary Shares.
  • The sale is subject to SEC approval as well as the state of the market and other conditions.
  • The number of shares and price range have not yet been set.
  • Argo announced earlier this month intentions for a secondary listing on Nasdaq, without revealing any further details.
  • Source