Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors
Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe
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IPO
Canaan Faces Class Action Lawsuit Alleging Dubious Practices During IPO
Blockchain services and cryptocurrency mining hardware producer Canaan is facing a class-action lawsuit filed by investors following claims of dubious practices for attracting investments. Investor rights-focused law firm Rosen Law Firm has initiated the suit on behalf of Canaan securities purchasers in the company’s initial public offering (IPO). The law
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How a SpaceX Starlink IPO Could Make Elon Musk Richer Than Jeff Bezos
SpaceX’s chief operating officer recently told investors its Starlink project would be the “right kind of business” to take public. That won’t be for a few years, but if Starlink does IPO, it could be enough to rocket Elon Musk past Jeff Bezos as the world’s richest founder. Here is some back
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Crypto Goes IPO — Ripple Could Lead the Blockchain Industry’s Charge
2020 could be the year that crypto companies step forward and take the plunge into going public. As the biggest players in the industry cautiously watch for opportunities to gain regulatory approval, Ripple CEO Brad Garlinghouse used the prestigious Davos World Economic Forum summit to announce that the firm
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Bitcoin Suisse Readies Initial Public Offering (IPO)
Bitcoin Suisse AG, a Zug-based financial intermediary and pioneer in crypto-financial services, is putting preparations in top gear to become a publicly listed firm via an initial public offering (IPO). Bitcoin Suisse hopes the move will enable it to maintain its lead in the Swiss crypto ecosystem, reports Finews on
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Bitcoin Miner Canaan’s Shares Plunge 40% Since IPO in November
Chinese Bitcoin (BTC) mining giant Canaan Creative’s depositary shares have seen a 40 percent drop in value since November initial public offering (IPO).Canaan was the first Bitcoin mining giant to go public on a major United States stock exchange, and successfully navigate an IPO. However, the mining giant’s stock
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OneConnect Gives Details for its IPO Valued at $468M
OneConnect Financial Technology which is the artificial intelligence and blockchain arm of Ping An Insurance that is easily one of the largest insurance firms in China has come forth with the terms for its IPO valued at $468 Million. Sources indicate that based on the F-1 Filing of its prospectus
Read MoreChinese Insurance Giant Ping An’s Blockchain Arm Reveals Terms for $468M IPO
OneConnect Financial, the blockchain and AI subsidiary of China’s top insurance company Ping An Insurance, has set the terms for its planned NYSE listing. Original Source
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Canadian Regulator Green-Lights Bitcoin Fund IPO
The Bitcoin Fund’s initial public offering (IPO) filing has been accepted by Canada’s Ontario Securities Commission. Despite previously rejecting it, the Canadian
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Canada: Digital Asset Firm Files Prospectus for Bitcoin (BTC) Fund IPO
In a press release issued on November 28, 2019, Canadian fund management firm 3iQ announced that it had filed and been receipted on its preliminary prospectus for The Bitcoin Fund. Bitcoin Fund IPO on the Cusp The governmental and regulatory acceptance of digital currencies seems to be witnessing a steady surge as
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