Argo blockchain plc announces private placement with institutional investor

London, united kingdom / accesswire / july 30, 2024 / argo blockchain plc, (lse:arb)(nasdaq:arbk), is pleased to announce that it has entered into a securities purchase agreement for a private placement of its ordinary shares ("ordinary shares") and accompanying warrants to purchase ordinary shares to an institutional investor for gross proceeds of approximately gbp £6.5 million (the "private placement"). pursuant to the private placement, the company will issue 57,800,000 ordinary shares (the "placement shares") at a purchase price of gbp £0.1125 per ordinary share along with warrants to purchase up to 57,800,000 ordinary shares (the "warrants").
ARBK Ratings Summary
ARBK Quant Ranking