In Brief:
- The shares will apear under the ticker “ARBK” on the Nasdaq Global Market.
- In the first six months of the year, Argo increased mining capacity from 685 to 1,075 petahash.
Argo Blockchain PLC has filed for an initial public offer (IPO) in New York on the Nasdaq Global Market. The miner filed for the SEC approval to sell American Depositary Shares (ADS).
According to the filing, Jeffries and Barclays will be joint book managers for the proposed offering. The shares will appear under the ticker “ARBK”, but the “number of ADSs to be offered and the price range for the proposed offering have not yet been determined.”
ALSO READ: Argo Blockchain files for IPO In the US
Earlier this week, Argo said that it became the first Climate Positive publicly-traded cryptocurrency miner. The Company has built out its Climate Positive Strategy over the last year, reaching a lot of milestones.
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