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 U.S. Securities and Exchange Commission (SEC) for the sale of American depositary shares.
- The sale is subject to SEC approval as well as to the state of the market and other conditions.
- The number of shares and price range haven’t been set yet.
- Earlier this month, Argo announced its intentions for a secondary listing on Nasdaq, without revealing any further details.
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