Argo Blockchain PLC said Wednesday that it has submitted a confidential draft registration statement to the U.S. Securities and Exchange Commission for a proposed dual-listing and initial public offering of American Depositary Shares.
The London-listed cryptocurrency miner said the number of ADSs to be issued and pricing has yet to be decided, with trading expected to start in the third quarter of the year.
Any offering and IPO is conditional upon the SEC completing its review process and will be subject to market and other conditions, Argo said.
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