Nasdaq looks to delist crypto miner Argo Blockchain for poor stock performance
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最新报道：London-based Bitcoin miner Argo Blockchain (ARBK) faces delisting from Nasdaq after failing to meet the $1 minimum bid price requirement for over 30 days, with shares currently trading at $0.31. The company received a deficiency notice in July and plans to request a hearing to appeal the decision, which will temporarily halt the delisting process. Argo, which went public in 2021 at $16.60 per share, has seen its stock decline steadily this year, hitting a low of $0.18 in June. The firm, known for its hydroelectric mining facility in Quebec and as a Crypto Climate Accord signatory, sold its Texas-based Helios mining center in 2022 to avoid bankruptcy. No plans for a reverse stock split or performance boost were disclosed.
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