2022-01-20 12:27:47 RHDM Rhodium Enterprises
DLT ASA
01/20/22 01/2012:27 01/20/2212:27 | Rhodium Enterprises postpones IPO scheduled to price todayDLT ASA (DLTXF) announced that Rhodium Enterprises (RHDM) has postponed its planned initial public offering, scheduled for January 20. The bitcoin miner had filed to raise $100M by offering 7.7M shares at a price range of $12 to $14. The deal was postponed due to market conditions," a person familiar with the situation told Barron's. B. Riley Securities and Cowen are acting as joint book-running managers, Needham is acting as lead manager, and D.A. Davidson & Co. and Northland Capital Markets are acting as co-managers for the offering. Rhodium says it is an "industrial-scale digital asset technology company utilizing its proprietary technologies to mine bitcoin." Rhodium Enterprises
DLT ASA
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