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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.
