Argo Blockchain Plans ADS Listing in Q3 2021
8 min ago•1 min read•Blockchain
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.