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Argo Blockchain plc American Depositary Shares - $ARBK STOCK NEWS

Welcome to our dedicated page for Argo Blockchain plc American Depositary Shares news (Ticker: $ARBK), a resource for investors and traders seeking the latest updates and insights on Argo Blockchain plc American Depositary Shares stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Argo Blockchain plc American Depositary Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Sentiment
End-of-Day
0.76%
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Rhea-AI Summary
Argo Blockchain (LSE:ARB)(NASDAQ:ARBK) announces its share capital and total voting rights as of July 31, 2023. The company's share capital consists of 535,325,166 ordinary shares of £0.001 each, all with equal voting rights and no shares held in Treasury. Shareholders can use this figure to determine their notification obligations under the FCA Disclosure Guidance and Transparency Rules.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
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Rhea-AI Summary
Argo Blockchain PLC successfully prices non-pre-emptive placing of new ordinary shares, raising approximately £5.75 million. The Placing Price represents a discount of approximately 14% to the 30 trading day VWAP of the Company's existing ordinary shares and a discount of 25.92% to the closing mid-price of the Company's ordinary shares on July 18, 2023.
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Rhea-AI Sentiment
End-of-Day
2.52%
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Rhea-AI Summary
Argo Blockchain PLC announces a conditional offer for subscription of new Ordinary Shares via PrimaryBid at a discount of approximately 14% to the 30 trading day VWAP of the Company's existing Ordinary Shares. The PrimaryBid Offer is available to both existing shareholders and new investors. The proceeds will be used to reduce the Company's outstanding debt and pursue strategic growth projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.5%
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Rhea-AI Summary
Argo Blockchain PLC, a global leader in cryptocurrency mining, plans to conduct a non pre-emptive placing of a minimum of 47,750,000 new ordinary shares at a price of 10 pence per share. The issue price represents a discount of approximately 14% to the 30-day VWAP of the company's existing shares and a discount of 25.92% to the closing mid-price on July 18, 2023. The proceeds will be used to reduce the company's outstanding debt and pursue strategic growth projects, including partnerships with power generators.
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Rhea-AI Sentiment
End-of-Day
-20.5%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
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25.42%
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3.75%
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Rhea-AI Summary
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-5.51%
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Rhea-AI Summary
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-5.51%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.25%
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Argo Blockchain plc American Depositary Shares

Nasdaq:ARBK

ARBK Rankings

ARBK Stock Data

74.45M
485.52M
3.78%
0.76%
Data Processing, Hosting, and Related Services
Information
Link
United States of America
50 Jermyn Street

About ARBK

say hello to the future. argo makes it easy to mine bitcoin gold, ethereum and other altcoins from home. argo is a platform that enables customers to efficiently mine ethereum and other altcoins from their own computer or mobile device. with just a click of a button and a transparent monthly fee, our users can immediately select which coin(s) they want to mine. our service provides immediate access to argo's cutting-edge mining rigs, which seamlessly perform the complex crypto-mining operations for our users and then directly deposit all coins mined into users’ digital wallets.