6-K 1 a4766n.htm REGAINED COMPLIANCE WITH NASDAQ a4766n

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
 
FORM 6-K
 
_____________________
 
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
 
For the month of January, 2023
 
Commission File Number: 001-40816
 
_____________________
 
Argo Blockchain plc
(Translation of registrant’s name into English)
_____________________
 
9th Floor
16 Great Queen Street
London WC2B 5DG
England
(Address of principal executive office)
_____________________
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒    Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
 
 
 
 
EXHIBIT INDEX
 
Exhibit No.
 
       1
 
Description
 
Regained Compliance with Nasdaq dated 23 January 2023
 
 
 
.
 
 
Press Release
 
23 January 2023
 
 
Argo Blockchain plc
 
("Argo" or "the Company")
 
 
 
Regained Compliance with Nasdaq's Minimum Bid Price Rule
 
Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK), is pleased to announce that it  has received a letter from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") informing the Company that it has regained compliance with Nasdaq Listing Rule 5450(a)(1),
 
As announced on 16 December, 2022, Argo was notified by Nasdaq that its common stock had not maintained the minimum bid price of $1.00 over the previous thirty consecutive business days, as required by the Listing Rules of the Nasdaq Stock Market. To regain compliance, the Company was required to maintain a minimum closing bid price of $1.00 for ten consecutive trading days. This requirement was met on 13 January 2023. Accordingly, the Company has regained compliance with Listing Rule 5450(a)(1), and Nasdaq has confirmed to the Company that it considers this matter closed.
 
For further information please contact:
 
Argo Blockchain
 
 
Peter Wall
Chief Executive
 
ir@argoblockchain.com
 
finnCap Ltd
 
 
Corporate Finance
Jonny Franklin-Adams
Seamus Fricker
Joint Corporate Broker
Sunila de Silva
 
+44 207 220 0500
 
 
 
Tennyson Securities
 
 
Joint Corporate Broker
Peter Krens
 
+44 207 186 9030
 
Tancredi Intelligent Communication
UK & Europe Media Relations
 
 
Salamander Davoudi
Emma Valgimigli
Fabio Galloni-Roversi Monaco
Nasser Al-Sayed
 
 argoblock@tancredigroup.com
 
 
 
 
 
About Argo:
 
 
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain technology company focused on large-scale cryptocurrency mining. With mining facilities in Quebec, mining operations in Texas, and offices in the US, Canada, and the UK, Argo's global, sustainable operations are predominantly powered by renewable energy. In 2021, Argo became the first climate positive cryptocurrency mining company, and a signatory to the Crypto Climate Accord. Argo also participates in several Web 3.0, DeFi and GameFi projects through its Argo Labs division, further contributing to its business operations, as well as the development of the cryptocurrency markets. For more information, visit www.argoblockchain.com.
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 
 
 
Date: 23 January, 2023
ARGO BLOCKCHAIN PLC
By:
 
Name: Peter Wall
Title: Chief Executive Officer
 
Name: David Zapffe
Title: General Counsel