Welcome to our dedicated page for RHDM news (Ticker: RHDM), a resource for investors and traders seeking the latest updates and insights on RHDM stock.
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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 RHDM's position in the market.
Rhodium Enterprises has announced its initial public offering (IPO) of 7,692,307 shares of Class A common stock, priced between $12.00 and $14.00 per share. The company aims to raise capital for its operations in bitcoin mining. An additional 1,153,846 shares may be purchased by underwriters. The offering is managed by B. Riley Securities and Cowen, with plans to list on the Nasdaq under the ticker 'RHDM'. A prospectus will be available for potential investors, subject to SEC regulations.