Welcome to our dedicated page for Argo Blockchain news (Ticker: ARBKF), a resource for investors and traders seeking the latest updates and insights on Argo Blockchain stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Argo Blockchain's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Argo Blockchain's position in the market.
Argo Blockchain announced the pricing of its public offering of $40 million aggregate principal amount of 8.75% Senior Unsecured Notes due 2026. The net proceeds, approximately $38.6 million, will support general corporate purposes, including the construction of a new cryptocurrency mining facility in Texas and potential acquisitions. The offering is expected to close on November 17, 2021, with a 30-day option for underwriters to purchase an additional $6 million in Notes. The Notes received a "B" rating from Egan-Jones Ratings Company.
Argo Blockchain has announced the exercise of options for 1,000,000 ordinary shares at an exercise price of £0.07 each, resulting in gross proceeds of £70,000. Following the expected admission of these shares on or around November 12, 2021, the total number of ordinary shares in issue will rise to 468,082,335. These new shares will rank equally with existing shares. This announcement includes inside information relevant to shareholders.
Argo Blockchain Plc (LSE: ARB; OTCQX: ARBKF) has successfully closed its public offering of 8,525,000 American Depositary Shares (ADSs), equivalent to 85,250,000 ordinary shares, at a price of $15 per ADS. This offering generated approximately $127.9 million in gross proceeds. The offering included 7,500,000 ADSs initially announced and an additional 1,025,000 ADSs exercised by underwriters. The ADSs began trading on Nasdaq on September 23, 2021. Jefferies and Barclays served as joint book-running managers for this transaction.
Argo Blockchain has published a prospectus approved by the Financial Conduct Authority concerning its initial public offering (IPO) of American Depositary Shares in the U.S. The IPO follows a previous announcement made on September 14, 2021. Copies of the prospectus will be available at the National Storage Mechanism and on Argo's website. Jefferies and Barclays are the joint book-running managers for the IPO. The registration statement for these securities became effective on September 22, 2021. This release does not constitute an offer or solicitation for the sale of these securities.
Argo Blockchain Plc has priced its initial public offering (IPO) of 7,500,000 American Depositary Shares (ADSs) at $15.00 each, raising gross proceeds of $112.5 million. Each ADS represents 10 ordinary shares of Argo. The IPO is set to begin trading on Nasdaq under the symbol ARBK on September 23, 2021, and close on September 27, 2021. The company has granted underwriters a 30-day option to purchase an additional 1,125,000 ADSs. Jefferies and Barclays are the joint book-running managers for this offering.
Argo Blockchain Plc (LSE: ARB; OTCQX: ARBKF) has announced an initial public offering (IPO) of 7,500,000 American Depositary Shares (ADSs), equating to 75,000,000 ordinary shares. Each ADS represents 10 ordinary shares. The last closing price was $1.848 on September 10, 2021. The ADSs will be traded on the Nasdaq Global Market under ticker symbol ARBK. Jefferies and Barclays are the lead managers of the offer. The IPO is subject to market conditions and the registration statement must become effective before selling securities.
Argo Blockchain Plc (OTCQX:ARBKF) has launched an initial public offering of 7,500,000 American Depositary Shares (ADSs), equivalent to 75,000,000 ordinary shares. Each ADS is priced at $1.848, based on the last closing price on September 10, 2021. The offering will occur in the United States, with plans to list the ADSs on the Nasdaq Global Market under the symbol 'ARBK'. Jefferies and Barclays lead the offering, with other firms serving as co-managers. Completion is subject to market conditions and regulatory approvals.
A recent press release regarding ARBKF has been deleted and is no longer available for analysis. Consequently, no specific information can be summarized or derived from it. Investors are encouraged to stay updated through official channels for relevant news regarding company developments and market performance.
Argo Blockchain plc (LSE: ARB; OTCQX: ARBKF) announced its operational update for August, revealing it mined 206 Bitcoin, down from 225 in July, bringing year-to-date total to 1,314 BTC. Mining revenue for August reached
Argo Blockchain (OTCQX: ARBKF) has achieved a significant milestone by becoming the first publicly traded cryptocurrency mining company to report being Climate Positive for all greenhouse gas emissions related to its operations. This status reflects the company’s proactive approach to mitigating emissions and supporting sustainability projects beyond its own activities. As part of its climate strategy, Argo has pledged to address emissions through renewable energy initiatives, partnerships, and furthering standards for sustainability in the industry. The company aims to lead in climate action within the cryptocurrency sector.
FAQ
What is the current stock price of Argo Blockchain (ARBKF)?
What is the market cap of Argo Blockchain (ARBKF)?
