RE: Questions to ask at Investor virtual Meeting on 4 Jul5 Jul 2023 13:47
Not a spac a dual listing and would be beneficial as 2 assets are being developed there . This is an example of a dual listing example
Argo will raise money from US investors by selling American Depositary Shares (ADS), an instrument commonly used by overseas companies looking to tap the US market.
Argo hasn't yet decided how many ADS to sell and at what price. The company said the dual listing was likely to go ahead in the coming months, subject to the SEC's approval and market conditions.
A dual listing will allow Argo to access more capital and tap into the enthusiasm for cryptocurrency among US investors.
Shares in Argo surged over 10% in London following the announcement.