Argo Blockchain Plc

Argo Blockchain Plc (ARBKF) priced its initial public offering on Sep 23, 2021 at $15.00 per ADS, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $685.2M. Jefferies was lead-left underwriter, joined by Barclays, Canaccord Genuity and Stifel and others. Fladgate and Sidley Austin advised the company and Latham & Watkins advised the underwriters.

Argo Blockchain Plc is a blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. It operates a fleet of more than 21,000 mining machines in North American facilities that use mainly renewable, low-cost power.

Status

IPO

Ticker

ARBKF

Exchange

Nasdaq Global Select

Priced

Sep 23, 2021

IPO price

$15.00 per ADS

Market cap at IPO price

$685.2M

First filed

Aug 19, 2021

Underwriters

Jefferies, Barclays, Canaccord Genuity, Stifel, D.A. Davidson, Ladenburg Thalmann, Roth Capital and Tennyson

Company counsel

Fladgate and Sidley Austin

Underwriters' counsel

Latham & Watkins

Sector

Financials

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.