Chia CEO: There is currently no confirmed IPO timetable

ChainCatcher news, Chia Network CEO Gene Hoffman stated at a meeting hosted by the Brown Rudnick law firm in Manhattan that the company secretly submitted a revised S-1 form to the U.S. Securities and Exchange Commission at the end of March after receiving a comment letter from regulators. However, as the company wishes to wait for suitable market conditions, there is currently no definitive IPO timeline. Chia revealed its intention to go public in April 2023, but its listing plans were derailed due to the financial troubles of underwriter Credit Suisse. This led to Chia laying off one-third of its workforce in October.