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Argo Blockchain Files for Nasdaq Share Listing
Details of the proposed offering, such as the price range and number of shares on offer, have yet to be determined.
Argo Blockchain, the only crypto miner listed on the London Stock Exchange, filed for U.S. Securities and Exchange Commission approval to sell American Depositary Shares (ADS).
STORY CONTINUES BELOW
- The company said in July that it was considering such a sale.
- The shares will be listed on the Nasdaq Global Market under the ticker "ARBK."
- Details of the proposed offering, such as the price range and number of shares on offer, have yet to be determined, the company said.
- Jefferies and Barclays were chosen to jointly manage the sale.
Read more: Argo CEO Named Interim Chairman With US Share Sale Planned
Sheldon Reback
Sheldon Reback is CoinDesk editorial's Regional Head of Europe. Before joining the company, he spent 26 years as an editor at Bloomberg News, where he worked on beats as diverse as stock markets and the retail industry as well as covering the dot-com bubble of 2000-2002. He managed the Bloomberg Terminal's main news page and also worked on a global project to produce short, chart-based stories across the newsroom. He previously worked as a journalist for a number of technology magazines in Hong Kong. Sheldon has a degree in industrial chemistry and an MBA. He owns ether and bitcoin below CoinDesk's notifiable limit.
