The cryptocurrency mining agency mentioned it would commerce on the OTCQB underneath the ticker 'ARBKF' whereas additionally persevering with to li
The cryptocurrency mining agency mentioned it would commerce on the OTCQB underneath 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 underneath the ticker ‘ARBKF’.
The cryptocurrency mining agency mentioned its itemizing on the OTCQB could have no influence on its current shares on the London Inventory Change and that it’ll proceed to depend on bulletins made by way of the LSE and could have no SEC reporting necessities.
READ: Argo Blockchain receives 1,058 cryptocurrency miners forward of schedule
“We’re delighted to welcome to the OTCQB Market. The OTC Market helps worldwide firms looking for to strengthen visibility and transparency within the US public market. Buying and selling on the London Inventory Change 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 way of the dealer of their alternative”, Jonathan Dickson, vp of worldwide company providers at OTC Markets mentioned in an announcement.
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 good points momentum. US traders can discover real-time quotes and market info 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.