Welcome to our dedicated page for Argo Blockchain SEC filings (Ticker: ARBKF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
say hello to the future. argo makes it easy to mine bitcoin gold, ethereum and other altcoins from home. argo is a platform that enables customers to efficiently mine ethereum and other altcoins from their own computer or mobile device. with just a click of a button and a transparent monthly fee, our users can immediately select which coin(s) they want to mine. our service provides immediate access to argo's cutting-edge mining rigs, which seamlessly perform the complex crypto-mining operations for our users and then directly deposit all coins mined into users’ digital wallets.Argo Blockchain plc has entered into a subscription facility of up to $5,000,000 with its controlling shareholder, Growler Mining Tuscaloosa, LLC, and has raised an initial $2,500,000 under this arrangement. The facility is designed to support operations, working capital needs, and Argo’s evaluation of high-performance computing and artificial-intelligence data center opportunities.
The initial tranche is priced at $2.948 per ADS, resulting in 847,693 new ADSs (1,831,016,880 new ordinary shares) issued to Growler, with a further 427,170 ADSs (922,687,200 ordinary shares) issued through a true-up conversion of $1,259,297.68 in prior payments. In total, 2,753,704,080 new ordinary shares (1,274,863 ADSs) increase Growler’s holding from roughly 87.50% to about 88.59% of Argo’s enlarged issued ordinary share capital, subject to a 19.99% exchange cap unless shareholders approve more.