Cryptocurrency
Bitcoin miner maker Ebang selects Nasdaq for its IPO, in which it plans to raise more than $100 million
As reported at The Block, “Ebang International, one of the largest bitcoin mining machine makers, has disclosed more details of its initial public offering (IPO) in the U.S. “The China-based company filed a revised prospectus with the Securities and Exchange Commission (SEC) on Wednesday, saying that it has selected Nasdaq Global Market to list its […]
As reported at The Block, “Ebang International, one of the largest bitcoin mining machine makers, has disclosed more details of its initial public offering (IPO) in the U.S.
“The China-based company filed a revised prospectus with the Securities and Exchange Commission (SEC) on Wednesday, saying that it has selected Nasdaq Global Market to list its shares, under the symbol ‘EBON.’
“Ebang also disclosed pricing details of the IPO. It plans to raise $106 million by offering 19.32 million shares at a price range of $4.50 to $6.50.
“Further, the company has onboarded an additional underwriter. Prime Number Capital will join its two existing underwriters: Hong Kong-based AMTD Global Markets Limited and U.S.-based Loop Capital Markets…”