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.
Source: Coindesk
