STOCK TITAN

[6-K] Argo Blockchain Plc Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

Argo Blockchain plc advanced its recapitalisation efforts by filing court bundles with the High Court of Justice in London to support its restructuring plan under Part 26A of the Companies Act 2006. This follows the prior filing of a claim form related to the plan.

The plan is intended to be structured so the Company can rely on the U.S. Securities Act Section 3(a)(10) exemption and other available exemptions for securities expected to be issued under the plan. Copies of the court bundles are available to Plan Participants via argo@is.kroll.com or argo@fladgate.com.

Argo Blockchain plc ha avanzato i suoi sforzi di ricapitalizzazione depositando pacchetti processuali presso la High Court of Justice di Londra per sostenere il piano di ristrutturazione ai sensi della Parte 26A del Companies Act 2006. Questo segue la precedente presentazione di un modulo di citazione relativo al piano.

Il piano è strutturato in modo che la Società possa fare affidamento sull’esenzione prevista dalla Sezione 3(a)(10) del Securities Act statunitense e su altre esenzioni disponibili per i titoli che si prevede saranno emessi ai sensi del piano. Le copie dei pacchetti processuali sono disponibili per i Partecipanti al piano tramite argo@is.kroll.com o argo@fladgate.com.

Argo Blockchain plc avanzó sus esfuerzos de recapitalización al presentar expedientes judiciales ante la High Court of Justice de Londres para respaldar su plan de reestructuración conforme a la Parte 26A de la Companies Act 2006. Esto sigue a la presentación previa de un formulario de reclamación relacionado con el plan.

El plan está destinado a estructurarse de modo que la Compañía pueda apoyarse en la exención de la Sección 3(a)(10) de la Ley de Valores de EE. UU. y otras exenciones disponibles para valores que se espera emitir bajo el plan. Copias de los expedientes judiciales están disponibles para los Participantes del Plan a través de argo@is.kroll.com o argo@fladgate.com.

Argo Blockchain plc은 런던의 High Court of Justice에 법원 번들을 제출하여 파트 26A에 따른 구조조정 계획을 지원함으로써 재자본화 노력을 강화했습니다. 이는 계획과 관련된 청구 양식의 사전 제출에 이어 나온 것입니다.

계획은 회사가 미국 증권법 제3(a)(10)조의 면책 및 계획 하에 발행될 것으로 예상되는 증권에 대해 이용 가능한 다른 면책 조항에 의존할 수 있도록 구조화될 예정입니다. 법원 번들의 사본은 플랜 참가자들에게 argo@is.kroll.com 또는 argo@fladgate.com을 통해 제공됩니다.

Argo Blockchain plc a intensifié ses efforts de recapitalisation en déposant des dossiers devant la High Court of Justice de Londres pour soutenir son plan de restructuration conformément à la Part 26A du Companies Act 2006. Cela fait suite au dépôt préalable d’un formulaire de réclamation lié au plan.

Le plan est conçu de manière à ce que la Société puisse se prévaloir de l’exemption prévue à l’article 3(a)(10) du Securities Act américain et d’autres exemptions disponibles pour les valeurs mobilières qui devraient être émises dans le cadre du plan. Des copies des dossiers judiciaires sont disponibles pour les Participants au Plan via argo@is.kroll.com ou argo@fladgate.com.

Argo Blockchain plc hat seine Kapitalerhöhungsbemühungen durch die Einreichung von Gerichtsunterlagen beim High Court of Justice in London vorangetrieben, um seinen Restrukturierungsplan gemäß Teil 26A des Companies Act 2006 zu unterstützen. Dies folgt der vorherigen Einreichung eines Verfahrensformulars im Zusammenhang mit dem Plan.

Der Plan soll so strukturiert sein, dass das Unternehmen sich auf die Ausnahmeregelung gemäß Abschnitt 3(a)(10) des US-Securities Act und weitere verfügbare Ausnahmen für Wertpapiere stützen kann, die voraussichtlich im Rahmen des Plans ausgegeben werden. Kopien der Gerichtsunterlagen stehen den Planteilnehmern über argo@is.kroll.com oder argo@fladgate.com zur Verfügung.

Argo Blockchain plc عززت جهود إعادة الرسملة بتقديم ملفات المحكمة إلى High Court of Justice في لندن لدعم خطتها لإعادة الهيكلة وفقاً للجزء 26A من Companies Act 2006. وهذا يسبق التقديم السابق لنموذج مطالبة متعلق بالخطة.

يُقصد أن تُهيأ الخطة بحيث تستطيع الشركة الاعتماد على الاستثناء المنصوص عليه في المادة 3(a)(10) من قانون الأوراق المالية الأمريكي وغيرها من الاستثناءات المتاحة للأوراق المالية المتوقع إصدارها بموجب الخطة. نسخ من ملفات المحكمة متاحة للمشاركين في الخطة عبر argo@is.kroll.com أو argo@fladgate.com.

Positive
  • None.
Negative
  • None.

Insights

Process step: UK court filings advance Part 26A plan using 3(a)(10).

Argo Blockchain is progressing a Part 26A UK restructuring, having filed a claim form and court bundles with the High Court. Part 26A enables a court-sanctioned plan across creditor classes, which can facilitate balance sheet changes when approved.

The Company states the plan will be structured to rely on Section 3(a)(10), a U.S. exemption that permits issuing securities without SEC registration when a court approves the fairness of the exchange. This signals potential issuance of securities as part of the plan.

Next milestones typically hinge on court hearings and class approvals. Actual impact will depend on the plan terms and any court-sanctioned distributions of securities. Plan Participants can request bundles via the listed emails for details.

Argo Blockchain plc ha avanzato i suoi sforzi di ricapitalizzazione depositando pacchetti processuali presso la High Court of Justice di Londra per sostenere il piano di ristrutturazione ai sensi della Parte 26A del Companies Act 2006. Questo segue la precedente presentazione di un modulo di citazione relativo al piano.

Il piano è strutturato in modo che la Società possa fare affidamento sull’esenzione prevista dalla Sezione 3(a)(10) del Securities Act statunitense e su altre esenzioni disponibili per i titoli che si prevede saranno emessi ai sensi del piano. Le copie dei pacchetti processuali sono disponibili per i Partecipanti al piano tramite argo@is.kroll.com o argo@fladgate.com.

Argo Blockchain plc avanzó sus esfuerzos de recapitalización al presentar expedientes judiciales ante la High Court of Justice de Londres para respaldar su plan de reestructuración conforme a la Parte 26A de la Companies Act 2006. Esto sigue a la presentación previa de un formulario de reclamación relacionado con el plan.

El plan está destinado a estructurarse de modo que la Compañía pueda apoyarse en la exención de la Sección 3(a)(10) de la Ley de Valores de EE. UU. y otras exenciones disponibles para valores que se espera emitir bajo el plan. Copias de los expedientes judiciales están disponibles para los Participantes del Plan a través de argo@is.kroll.com o argo@fladgate.com.

Argo Blockchain plc은 런던의 High Court of Justice에 법원 번들을 제출하여 파트 26A에 따른 구조조정 계획을 지원함으로써 재자본화 노력을 강화했습니다. 이는 계획과 관련된 청구 양식의 사전 제출에 이어 나온 것입니다.

계획은 회사가 미국 증권법 제3(a)(10)조의 면책 및 계획 하에 발행될 것으로 예상되는 증권에 대해 이용 가능한 다른 면책 조항에 의존할 수 있도록 구조화될 예정입니다. 법원 번들의 사본은 플랜 참가자들에게 argo@is.kroll.com 또는 argo@fladgate.com을 통해 제공됩니다.

Argo Blockchain plc a intensifié ses efforts de recapitalisation en déposant des dossiers devant la High Court of Justice de Londres pour soutenir son plan de restructuration conformément à la Part 26A du Companies Act 2006. Cela fait suite au dépôt préalable d’un formulaire de réclamation lié au plan.

Le plan est conçu de manière à ce que la Société puisse se prévaloir de l’exemption prévue à l’article 3(a)(10) du Securities Act américain et d’autres exemptions disponibles pour les valeurs mobilières qui devraient être émises dans le cadre du plan. Des copies des dossiers judiciaires sont disponibles pour les Participants au Plan via argo@is.kroll.com ou argo@fladgate.com.

Argo Blockchain plc hat seine Kapitalerhöhungsbemühungen durch die Einreichung von Gerichtsunterlagen beim High Court of Justice in London vorangetrieben, um seinen Restrukturierungsplan gemäß Teil 26A des Companies Act 2006 zu unterstützen. Dies folgt der vorherigen Einreichung eines Verfahrensformulars im Zusammenhang mit dem Plan.

Der Plan soll so strukturiert sein, dass das Unternehmen sich auf die Ausnahmeregelung gemäß Abschnitt 3(a)(10) des US-Securities Act und weitere verfügbare Ausnahmen für Wertpapiere stützen kann, die voraussichtlich im Rahmen des Plans ausgegeben werden. Kopien der Gerichtsunterlagen stehen den Planteilnehmern über argo@is.kroll.com oder argo@fladgate.com zur Verfügung.

Argo Blockchain plc عززت جهود إعادة الرسملة بتقديم ملفات المحكمة إلى High Court of Justice في لندن لدعم خطتها لإعادة الهيكلة وفقاً للجزء 26A من Companies Act 2006. وهذا يسبق التقديم السابق لنموذج مطالبة متعلق بالخطة.

يُقصد أن تُهيأ الخطة بحيث تستطيع الشركة الاعتماد على الاستثناء المنصوص عليه في المادة 3(a)(10) من قانون الأوراق المالية الأمريكي وغيرها من الاستثناءات المتاحة للأوراق المالية المتوقع إصدارها بموجب الخطة. نسخ من ملفات المحكمة متاحة للمشاركين في الخطة عبر argo@is.kroll.com أو argo@fladgate.com.

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
 
FORM 6-K
 
_____________________
 
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
 
For the month of October, 2025
 
Commission File Number: 001-40816
 
_____________________
 
Argo Blockchain plc
(Translation of registrant’s name into English)
_____________________
 
Eastcastle House
27/28 Eastcastle Street
London W1W 8DH
England
(Address of principal executive office)
_____________________
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F  Form 40-F
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
 
 
 
 
EXHIBIT INDEX
 
Exhibit No.
1
 
Description
Update on Restructuring Plan Process dated 31 October 2025
 
 
 
Press Release
 
31 October 2025
 
 
Argo Blockchain plc
 
("Argo" or "the Company")
 
Update on Restructuring Plan Process
 
As previously announced by Argo, the Company is undertaking a recapitalisation by way of a restructuring plan under Part 26A of the Companies Act 2006 (the "Restructuring Plan"). 
 
As announced yesterday, Argo filed with the High Court of Justice in London a claim form relating to the Restructuring Plan.
 
Today, Argo has filed with the High Court the court bundles to accompany the claim form.
 
Copies of the court bundles are available to Plan Participants upon request to argo@is.kroll.com or argo@fladgate.com.
 
The Restructuring Plan will be structured to enable the Company to rely on the exemption provided by Section 3(a)(10) of the U.S. Securities Act of 1933, as amended, and certain other available exemptions under the U.S. Securities Act of 1933 and applicable state securities laws, in each case with respect to securities expected to be issued under the plan.
 
For further information please contact:
 
Argo Blockchain
 
Investor Relations
ir@argoblockchain.com
Information Agent - Kroll Issuer Services
argo@is.kroll.com
 
 About Argo
 
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain technology company focused on large-scale cryptocurrency mining. With a mining facility in Quebec and offices in the US, Canada, and the UK, Argo's global, sustainable operations are predominantly powered by renewable energy. In 2021, Argo became the first climate positive cryptocurrency mining company, and a signatory to the Crypto Climate Accord. For more information, visit www.argoblockchain.com.
 
Forward looking statements
 
This announcement contains "forward-looking statements," which can be identified by words like "may," "will," "likely," "should," "expect," "anticipate," "future," "plan," "believe," "intend," "goal," "seek," "estimate," "project," "continue" and similar expressions. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The information in this announcement about future plans and objectives of the Company are forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company's actual results and financial condition to differ materially from those indicated in the forward-looking statements include, market and other conditions, the principal risks and uncertainties listed in the risk factors set forth in our Annual Report and Financial Statements and Form 20-F for the year ended 31 December 2024.
 
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
Date: 31 October, 2025
ARGO BLOCKCHAIN PLC
By: /s/ Justin Nolan
Name: Justin Nolan
Title: Chief Executive Officer
 
 
 

FAQ

What action did ARBK take regarding its restructuring plan?

Argo filed court bundles with the High Court of Justice in London to support its Part 26A restructuring plan, following a claim form filing.

What legal framework is Argo Blockchain (ARBK) using for its recapitalisation?

The Company is pursuing a restructuring plan under Part 26A of the Companies Act 2006.

How will Argo handle U.S. securities law for plan-related securities?

The plan will be structured to rely on Section 3(a)(10) of the U.S. Securities Act and other available exemptions for securities expected to be issued.

How can Plan Participants access the court bundles for Argo’s plan?

Copies are available upon request via argo@is.kroll.com or argo@fladgate.com.

Where is Argo Blockchain listed?

Argo is dual-listed on the London Stock Exchange (LSE: ARB) and NASDAQ (NASDAQ: ARBK).

What business does Argo Blockchain operate?

Argo is a blockchain technology company focused on large-scale cryptocurrency mining with operations powered predominantly by renewable energy.
Argo Blockchain Plc

NASDAQ:ARBK

ARBK Rankings

ARBK Latest News

ARBK Latest SEC Filings

ARBK Stock Data

25.84M
71.98M
0.11%
11.85%
1.42%
Capital Markets
Financial Services
Link
United Kingdom
London