Bitcoin Group’s IPO on ASX gets officially rescheduled


Bitcoin Group Limited, a Melbourne-based Bitcoin miner, was supposed to have its public listing on the Australian Securities Exchange (ASX) today – September 2, 2015, but the date was changed to “To be announced” (TBA).

The change comes after a series of stop orders by the Australian Securities and Investments Commission (ASIC), the latest of which was issued on July 31, 2015. The regulator did not state publicly its rationale for the measures taken.

The regulator has stressed in a previous announcement regarding Bitcoin Group’s IPO that its action is related to the activities of the particular company rather than to virtual currencies in general.

Meanwhile, the “Investors” section on Bitcoin Group’s website shows the following message:

Prospectus Coming Soon

We are in the process of re-lodging our prospectus.

We appreciate your eagerness and patience in taking part in our future.

bitcoin_group_sep_inside

Photo credit: ASX.

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Bitcoin Group's IPO on ASX gets officially rescheduled

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