Argo Blockchain PLC Announces Regained Compliance with Nasdaq

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Regained Compliance with Nasdaq’s Minimal Bid Worth Rule

LONDON, ENGLAND / ACCESSWIRE / January 23, 2023 / Argo Blockchain plc (“Argo” or “the Firm”), a worldwide chief in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is happy to announce that it has obtained a letter from the Itemizing {Qualifications} Division of The Nasdaq Inventory Market (“Nasdaq”) informing the Firm that it has regained compliance with Nasdaq Itemizing Rule 5450(a)(1),

As introduced on 16 December, 2022, Argo was notified by Nasdaq that its frequent inventory had not maintained the minimal bid worth of $1.00 over the earlier thirty consecutive enterprise days, as required by the Itemizing Guidelines of the Nasdaq Inventory Market. To regain compliance, the Firm was required to take care of a minimal closing bid worth of $1.00 for ten consecutive buying and selling days. This requirement was met on 13 January 2023. Accordingly, the Firm has regained compliance with Itemizing Rule 5450(a)(1), and Nasdaq has confirmed to the Firm that it considers this matter closed.

For additional data please contact:

Argo Blockchain

Peter Wall
Chief Govt

[email protected]

finnCap Ltd

Company Finance
Jonny Franklin-Adams
Seamus Fricker

Joint Company Dealer
Sunila de Silva

+44 207 220 0500

Tennyson Securities

Joint Company Dealer
Peter Krens

+44 207 186 9030

Tancredi Clever Communication
UK & Europe Media Relations

Salamander Davoudi
Emma Valgimigli
Fabio Galloni-Roversi Monaco
Nasser Al-Sayed

[email protected]

About Argo:

Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain expertise firm centered on large-scale cryptocurrency mining. With mining amenities in Quebec, mining operations in Texas, and workplaces within the US, Canada, and the UK, Argo’s world, sustainable operations are predominantly powered by renewable vitality. In 2021, Argo turned the primary local weather optimistic cryptocurrency mining firm, and a signatory to the Crypto Local weather Accord. Argo additionally participates in a number of Net 3.0, DeFi and GameFi initiatives by its Argo Labs division, additional contributing to its enterprise operations, in addition to the event of the cryptocurrency markets. For extra data, go to www.argoblockchain.com.

This data is supplied by RNS, the information service of the London Inventory Alternate. RNS is authorized by the Monetary Conduct Authority to behave as a Main Data Supplier in the UK. Phrases and circumstances referring to the use and distribution of this data might apply. For additional data, please contact [email protected] or go to www.rns.com.

SOURCE: Argo Blockchain PLC

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