Bitcoin miner Rhodium set for IPO, valued at $1.7 billion By Cointelegraph

The first initial public offering (IPO) for the crypto industry in 2022 comes from a Texas-based (BTC) mining company, Rhodium Enterprises.
In an SEC filing made last week, Rhodium plans to offer 7.69 million shares at $12–$14 each in an IPO. Trading under the ticker “RHDM” on Nasdaq, 56.8 million class A and 67.5 million class B shares will be released, ultimately valuing the company at just shy of $1.7 billion.
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The first initial public offering (IPO) for the crypto industry in 2022 comes from a Texas-based (BTC) mining company, Rhodium Enterprises.
In an SEC filing made last week, Rhodium plans to offer 7.69 million shares at $12–$14 each in an IPO. Trading under the ticker “RHDM” on Nasdaq, 56.8 million class A and 67.5 million class B shares will be released, ultimately valuing the company at just shy of $1.7 billion.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.