Argo Blockchain, the only crypto miner listed on the London Stock Exchange, filed for U.S. Securities & Exchange Commission approval to sell American Depositary Shares (ADS).
- 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