Applied Blockchain Inc files for $60M IPO By Cointelegraph


Applied Blockchain Inc files for $60M IPO

UK-based blockchain infrastructure firm Applied Blockchain has filed an initial public offering (IPO) application on Apr. 8 to the United States Securities and Exchange Commission to issue 3,236,245 shares of common stock onto the Nasdaq Global Select Market with the ticker symbol APLD.

The firm currently operates a stock on OTC Pink — the lowest of three tiers within the over-the-counter market as per financial volume and the disclosure of company information required — under the same tag with share price of $18.84.