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Ionic Digital's registration statement has been declared effective by the U.S. Securities and Exchange Commission (SEC) and will list on Nasdaq on July 28.

Breakings ·  Jul 22 09:42

On July 22, according to an official announcement, Bitcoin mining company Ionic Digital disclosed that its Form S-1 registration statement has been declared effective by the U.S. Securities and Exchange Commission (SEC). The company’s Class A common stock is expected to commence trading on the Nasdaq Global Select Market on July 28 under the ticker symbol “IOND.” This is a direct listing, in which the company is not selling any shares and will not receive any proceeds from the sale of shares by registered shareholders. Ionic Digital positions itself as a digital infrastructure company providing data center solutions for AI and high-performance computing.

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