leadf
logo-loader
viewArgo Blockchain PLC
(
LSE:ARBOTCQX:ARBKFFRA:0XPNASDAQ:ARBKETR:0XP
)

Argo Blockchain soars as it applies for listing on US OTCQB Venture Market

The market responded very positively to the news, soaring 84% in early deals.

Argo Blockchain PLC -

Argo Blockchain PLC (LON:ARB) has applied to have its shares cross-traded publicly on the US OTCQB Venture Market.

If the application is successful, the shares will carry the ticket ARBKF.

Argo said the move would make the cryptocurrency miner’s shares more widely available to North American investors and would have no impact on trading in the shares on London’s main market.

"We want to make Argo available to US markets in order to gain access to a broader investor base and enhance our visibility in North America. We are already trading on OTCPK and we anticipate a full OTC listing with wider investor reach in the coming days,” said Peter Wall, the chief executive officer of Argo Blockchain.

Shares in Argo were the top risers in London, soaring 84%to 35p.

Quick facts: Argo Blockchain PLC

Follow
LSE:ARB

Price: 119.8 GBX

Market Cap: £457.44 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...

FOR OUR FULL DISCLAIMER CLICK HERE

FTSE 100 rises in early trading despite disappointing GDP read

FTSE 100 opened in the green even though the UK economy rose only 0.1% in July after a 1% jump the previous month. London’s main index added 20 points to 7,044 in early trading. Sarah Gilbert, the scientist behind the Oxford COVID-19 vaccine, said giving boosters to everyone won’t be...

2 weeks, 4 days ago

2 min read