Argo Blockchain plc (ARBK) Discusses Restructuring Plan and Role of Retail Advocate in Addressing Retail Holders Transcript
Argo Blockchain plc ( ARBK ) Discusses Restructuring Plan and Role of Retail Advocate in Addressing Retail Holders November 19, 2025 11:00 AM EST Company Participants Justin Nolan - CEO & Director Conference Call Participants David Robinson - Fladgate LLP Jon Yorke Presentation Operator Good afternoon, ladies and gentlemen, and welcome to the Argo Blockchain plc Town Hall Meeting. [Operator Instructions] I'd now like to hand over to David Robinson, partner at Fladgate.
Argo Blockchain details shares-into-ADS terms ahead of London exit
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) shares were down 11% in Friday morning's trading after it announced details for the upcoming conversion of ordinary shares into American Depositary Shares as part of its proposed restructuring plan. The company said that it plans also to delist from the London Stock Exchange, with a matched bargain facility expected to be retained for six months, whilst holders will be given the option to move into ADSs traded on Nasdaq.
Argo Blockchain shares drop as it confirms London exit
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) shares shed more than 40% in Tuesday's opening trades after the small-cap cypto miner announced a plan to leave London, delisting from the stock exchange, whilst retaining its Nasdaq listing. The delisting is expected to take effect on 9 December.
Argo Blockchain slumps 13% as debt deal talks remain unresolved
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) shares fell 13% after the struggling crypto miner warned that talks over its proposed recapitalisation plan remain incomplete, leaving its future uncertain. The London- and Nasdaq-listed company is still negotiating terms of a senior secured loan with Growler Mining, which is central to its survival plan.
135 Public Companies That Hold Bitcoin — And Why It Matters
Since the historic institutional pivot of 2020, Bitcoin has steadily made its way from fringe asset to mainstream corporate treasury tool.
Argo Blockchain shares crash 62% as restructuring plan wipes out existing investors
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) shares plummeted 62% on Monday after the company unveiled a sweeping restructuring plan that will see existing shareholders' equity cancelled. The plan, aimed at avoiding insolvency, will hand control to US-based Growler Mining in exchange for emergency financing and asset contributions.
UK's Argo Blockchain names Justin Nolan CEO
British cryptocurrency miner Argo Blockchain on Monday named Justin Nolan as its chief executive officer.
Argo Blockchain up 19% as it nears a deal that could bring in $40m of new investment
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) shares jumped 19% after the group said it entered a non-binding term sheet for $40 million in financing. The funds will be used to refresh its Quebec mining fleet, strengthen the balance sheet, and explore potential mergers and acquisitions.
Argo Blockchain plc (ARBK) Q3 2024 Earnings Call Transcript
Argo Blockchain plc (NASDAQ:ARBK ) Q3 2024 Earnings Conference Call November 20, 2024 10:00 AM ET Company Participants Markella Zarifi - Financial Communications Representative Thomas Chippas - Chief Executive Officer Jim MacCallum - Chief Financial Officer Operator Good afternoon, ladies and gentlemen, and welcome to the Argo Blockchain plc Q3 Results Investor Presentation. Throughout this recorded presentation, investors will be in listen-only mode.
Argo Blockchain is focussing on its growth opportunities
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) chief executive Thomas Chippas told investors that management is keenly focussed on growth opportunities that play to its deep expertise. It comes as the cryptocurrency miner and financial technology developer reported its financial results for the third quarter of 2024, with revenue of $7.50 million for the quarter and $36.70 million for the nine months ended September 30.
Argo 3rd Quarter Results
LONDON, UNITED KINGDOM / ACCESSWIRE / November 20, 2024 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining, announces its unaudited financial results for the quarter ended 30 September 2024. All $ amounts are in United States Dollars ("USD") unless otherwise stated Q3 2024 Financial Highlights: Revenue of $7.5 million and $36.7 million for the three and nine months ended 30 September 2024, respectively, compared to $10.4 million and $34.4 million for the prior year periods Total Bitcoin ("BTC") mined in the quarter was 123, or 1.3 BTC per day Mining margin percentage of 8% and 33% for the three and nine months ended 30 September 2024, respectively, compared to 58% and 47% for the prior year periods.
Class action against Argo Blockchain dismissed in New York
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) has announced the dismissal of the class action lawsuit, Murphy vs. Argo Blockchain, which was filed in January 2023 in New York.
