The cryptocurrency mining agency mentioned it'll commerce on the OTCQB below the ticker 'ARBKF' whereas additionally persevering with to listing it
The cryptocurrency mining agency mentioned it’ll commerce on the OTCQB below the ticker ‘ARBKF’ whereas additionally persevering with to listing its shares on the LSE
() mentioned it has acquired approval to start buying and selling on the OTCQB enterprise market within the US from Wednesday below the ticker ‘ARBKF’.
The cryptocurrency mining agency mentioned its itemizing on the OTCQB could have no impression on its current shares on the London Inventory Trade and that it’s going to proceed to depend on bulletins made by means of the LSE and could have no SEC reporting necessities.
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“We’re delighted to welcome to the OTCQB Market. The OTC Market helps worldwide firms searching for to strengthen visibility and transparency within the US public market. Buying and selling on the London Inventory Trade and on the OTCQB Market will allow Argo to effectively construct world investor consciousness and supply US traders with a seamless buying and selling facility, enabling them to extra simply commerce by means of the dealer of their alternative”, Jonathan Dickson, vp of worldwide company companies at OTC Markets mentioned in a press release.
Argo chief govt Peter Wall added: “Argo is delighted to start buying and selling on the OTCQB Enterprise Market. The cross-trading of the abnormal shares from London will present the corporate with elevated entry to US institutional and retail traders and a broader shareholder base. US traders will now have the chance to share within the firm’s development because the cryptocurrency market beneficial properties momentum. US traders can discover real-time quotes and market data for Argo at www.otcmarkets.com and entry present firm information and developments.”
Argo’s shares rose 4% to 105p in early buying and selling on the LSE on Wednesday.