Armistice Capital and Steven Boyd Report 4.44M ARBK Shares (6.95%)

Rhea-AI Filing Summary

Armistice Capital, LLC and Steven Boyd report beneficial ownership of 4,435,969 shares of Argo Blockchain plc common stock, representing 6.95% of the class. The filing states Armistice Capital acts as investment manager to Armistice Capital Master Fund Ltd., the direct holder of the shares, and through an Investment Management Agreement Armistice exercises shared voting and dispositive power over those shares. Mr. Boyd, as managing member, is reported with the same shared powers. The filing clarifies the Master Fund disclaims direct beneficial ownership due to its agreement with Armistice and certifies the position was acquired in the ordinary course of business and not to change or influence control.

Positive

• Material disclosure of ownership: Armistice Capital and Steven Boyd report 4,435,969 shares (6.95%) of ARBK common stock.
• Clear voting and dispositive authority disclosed: shared voting and shared dispositive power over the reported shares.
• Filing certifies ordinary course acquisition and states shares were not acquired to change or influence control.

Negative

• No sole voting or dispositive power is reported; all power is shared, indicating no individual control by the filers.
• Master Fund disclaimers — the Master Fund disclaims beneficial ownership due to its Investment Management Agreement, which may complicate direct attribution of economic interest.

Insights

Financial Analyst

TL;DR: A 6.95% stake by an investment manager signals a meaningful investor position without sole control.

Armistice Capital's reported 4.44 million-share stake equals a 6.95% position, which is large enough to attract investor attention but below levels that automatically imply control. Shared voting and dispositive power indicates Armistice acts on behalf of the Master Fund under an agreement, which centralizes influence with the manager rather than the fund. For market participants, this is material disclosure of concentrated ownership that could affect liquidity and signal confidence from an institutional manager.

Corporate Governance Expert

TL;DR: Disclosure is standard for a >5% holder; legal disclaimers limit direct fund accountability.

The Schedule 13G properly discloses classification, shared voting/dispositive power, and the Master Fund's disclaimer of direct beneficial ownership due to the Investment Management Agreement. The certification that holdings were acquired in the ordinary course and not to influence control is important for differentiating a passive >5% investor from an activist. Governance teams should note the central role of the investment manager in exercising rights.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

ARGO BLOCKCHAIN PLC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

84841L407

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 84841L407

1

Names of Reporting Persons

Armistice Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 4,435,969.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,435,969.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,435,969.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.95 %

12

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13G

CUSIP No. 84841L407

1

Names of Reporting Persons

Steven Boyd

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 4,435,969.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,435,969.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,435,969.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.95 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ARGO BLOCKCHAIN PLC
(b)	Address of issuer's principal executive offices: 16 GREAT QUEEN STREET, 9TH FLOOR, LONDON, United Kingdom, SW1Y 6LX
Item 2.
(a)	Name of person filing: Armistice Capital, LLC Steven Boyd Collectively, the "Reporting Persons"
(b)	Address or principal business office or, if none, residence: Armistice Capital, LLC 510 Madison Avenue, 7th Floor New York, New York 10022 United States of America Steven Boyd c/o Armistice Capital, LLC 510 Madison Avenue, 7th Floor New York, New York 10022 United States of America
(c)	Citizenship: Armistice Capital, LLC - Delaware; Steven Boyd - United States of America
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 84841L407
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4,435,969
(b)	Percent of class: 6.95 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 4,435,969
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 4,435,969 The percentage of Shares reported to be beneficially owned by the Reporting Persons are based on information from the Issuer. Armistice Capital, LLC ("Armistice Capital") is the investment manager of Armistice Capital Master Fund Ltd. (the "Master Fund"), the direct holder of the Shares, and pursuant to an Investment Management Agreement, Armistice Capital exercises voting and investment power over the securities of the Issuer held by the Master Fund and thus may be deemed to beneficially own the securities of the Issuer held by the Master Fund. Mr. Boyd, as the managing member of Armistice Capital, may be deemed to beneficially own the securities of the Issuer held by the Master Fund. The Master Fund specifically disclaims beneficial ownership of the securities of the Issuer directly held by it by virtue of its inability to vote or dispose of such securities as a result of its Investment Management Agreement with Armistice Capital.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Master Fund, a Cayman Islands exempted company that is an investment advisory client of Armistice Capital, has the right to receive dividends from, or the proceeds from the sale of, the reported securities.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Armistice Capital, LLC

Signature:	/s/ Steven Boyd
Name/Title:	Steven Boyd - Managing Member
Date:	08/14/2025

Steven Boyd

Signature:	/s/ Steven Boyd
Name/Title:	Steven Boyd
Date:	08/14/2025

Exhibit Information

JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: August 14, 2025 Armistice Capital, LLC By: /s/ Steven Boyd Steven Boyd - Managing Member Steven Boyd By: /s/ Steven Boyd

FAQ

How many Argo Blockchain (ARBK) shares does Armistice Capital report owning?

The filing reports 4,435,969 shares beneficially owned by the reporting persons.

What percentage of ARBK does the 13G filing report?

The reported amount represents 6.95% of the class of Argo Blockchain common stock.

Do Armistice Capital or Steven Boyd have sole voting control over these shares?

No; the filing shows 0 sole voting power and 4,435,969 shared voting power.

Who is the direct holder of the shares according to the filing?

The direct holder is Armistice Capital Master Fund Ltd., with Armistice Capital acting as investment manager.

Was the stake acquired to influence control of Argo Blockchain?

The certification states the securities were acquired and are held in the ordinary course of business and not to change or influence control.

Where is Armistice Capital organized and where is Argo Blockchain headquartered?

Armistice Capital is organized in Delaware and Argo Blockchain's principal executive offices are listed in London, United Kingdom.