LONDON - Vinanz Limited, a publicly traded Bitcoin mining company with operations in the US and Canada, has announced the publication of a prospectus in connection with its upcoming listing on the London Stock Exchange (LON:LSEG)'s Main Market. The company, currently listed on the US OTCQB as VINZF and on the AQSE in London as BTC, is preparing for the admission of both its existing and new ordinary shares to the Financial Conduct Authority's Official List and to trading on the Main Market.
The transition is scheduled with the Enlarged Share Capital expected to commence trading at 8:00 am on January 13, 2025. Concurrently, trading of the existing ordinary shares on the AQSE is set to be cancelled by 4:30 pm on January 10, 2025, marking the last day of trading on that exchange.
Vinanz has urged its shareholders to seek professional advice to understand the tax implications of the Admission. The company's prospectus, approved by the Financial Conduct Authority (FCA), will be available on the company's website and through the National Storage Mechanism.
The move to the Main Market is a significant step for Vinanz, which has been expanding its Bitcoin mining operations across North America. The company has been installing clusters of Bitcoin miners in multiple facilities, partnering with third-party cryptocurrency mining providers. Its current operations span several states in the US, including Indiana, Iowa, Nebraska, and Texas, as well as in Labrador, Canada.
The directors of Vinanz Limited have taken responsibility for this announcement, signaling a strategic effort to enhance the company's profile and access to capital markets. This listing represents an important milestone for Vinanz as it continues to grow its presence in the global cryptocurrency mining industry.
The information in this article is based on a press release statement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.