Further to LeapRate's earlier report about Bitcoin Group encountering hurdles regarding its plans to float on ASX, the company announced today that it is withdrawing from its IPO and ASX listing application. Bitcoin Group will continue with its bitcoin mining activities and is considering renewing its IPO and ASX listing attempts in the future.The company…
Read moreBitcoin Group's plans for a floatation on ASX have just hit the curb... On March 4, 2016, ASX sent Bitcoin Group a letter, informing the company that it does not meet the requirements for admission to the official list. ASX made its decision after Grant Thornton Australia produced an independent report stating that Bitcoin Group has…
Read moreFurther to LeapRate's earlier report about Australian Bitcoin miner Bitcoin Group postponing its planned listing on ASX, the company today provided an update on the matter. ASX has demanded that the company provides a report from an independent first or second tier accounting firm regarding Bitcoin Group's working capital position. Bitcoin Group has hired Grant Thornton…
Read moreAustralian Bitcoin miner Bitcoin Group, which in January closed its ASX Bookbuild, is obviously lagging behind its public listing schedule. According to the timing of the company's IPO on ASX in the Second Replacement Prospectus filed in December last year, the trading of Bitcoin Group's shares on ASX on a normal settlement basis was scheduled to…
Read moreAustralian Bitcoin miner Bitcoin Group has moved one step closer to its initial public offering on the ASX, with the share offer set to close at 5.00pm today (Monday, January 25, 2016). In an announcement on its website, the company reminds investors that if they are considering buying shares in the IPO, their applications should…
Read moreBitcoin miner Bitcoin Group Limited has lodged another prospectus with the Australian Securities and Investments Commission (ASIC), in a move that postponed the planned initial public offering of the company on ASX again. The latest prospectus (Second Replacement Prospectus) was filed on December 24, 2015. It includes: an Independent Expert Report to support some statements…
Read moreBitcoin Group Ltd, the Bitcoin miner with operations in China, Iceland and Australia, has recently held pre-IPO roadshows in Sydney and Melbourne, with more than 100 potential investors turning up to the events. The company says the roadshow has generated a lot of interests in Bitcoin Group’s initial public offering, which the company aims to…
Read moreBitcoin miner Bitcoin Group Limited today lodged a Supplementary Prospectus with the Australian Securities and Investments Commission (ASIC), with the main goal of the document being to extend the offer period for the company's planned initial public offering (IPO) on the Australian Securities Exchange (ASX). The company has earlier voiced its intentions to extend the offer…
Read moreMelbourne-based Bitcoin miner Bitcoin Group, which is seeking to float its shares on the Australian Securities Exchange, today announced plans to reschedule the closing date for its initial public offering (IPO). Under the Replacement Prospectus that the company lodged in early September, the closing date for the Bitcoin Group IPO was October 30, 2015. In a…
Read moreThe Melbourne-based Bitcoin miner plans to raise AU$ 20 million (US$13.82 million) via an IPO on the ASX, with the shares expected to commence trading on November 11, 2015.
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