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 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 moreASIC issued an interim stop order earlier this month, following an extension of the exposure period for the IPO prospectus of the Bitcoin miner.
Read moreAustralian financial markets regulatory authority ASIC has issued a cease and desist order on pre-prospectus publications by Bitcoin Group Limited
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