Argo Blockchain, a crypto miner whose shares commerce on the London Inventory Trade (ARB) and Nasdaq (ARBK), stated it requested a 24-hour suspension of U.S. buying and selling. U.Ok. markets are closed Tuesday.
The London-based firm, which has been in talks to safe financing, stated it intends to make an announcement earlier than the beginning of buying and selling on Wednesday.
On Dec. 12, the corporate stated it was near restructuring with out having to declare chapter. At the moment, it stated it was in superior negotiations to promote a few of its property and perform an gear financing transaction to strengthen its steadiness sheet and enhance its liquidity.
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