Argo Blockchain requests a one-day trading suspension on Nasdaq

ChainCatcher news, the listed Bitcoin mining company Argo Blockchain has stated that due to the London Stock Exchange being closed on Tuesday, December 27, 2022, the company has requested a suspension of trading of its American Depositary Securities and unsecured notes on the Nasdaq Global Select Market. Argo Blockchain expects to resume trading on Nasdaq on December 28, 2022.

It is reported that in mid-December, Argo Blockchain submitted documents to the London Stock Exchange stating that it is in advanced negotiations for the sale of some of its assets and for equipment financing transactions to strengthen its balance sheet and improve liquidity. (source link)