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Applied Blockchain Inc files for $60M IPO -Breaking

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Applied Blockchain Inc file for $60M IPO

UK-based Blockchain Infrastructure firm Applied Blockchain filed an initial public offer (IPO) request on April. 8 the United States Securities and Exchange Commission for the issuance of 3,236,245 shares common stock on the Nasdaq global Select Market, ticker symbol: APLD.

The firm currently operates a stock on OTC Pink — the lowest of three tiers within the over-the-counter market as per financial volume and the disclosure of company information required — under the same tag with share price of $18.84.