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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.


NDAQ:ICG - Post by User

Post by Kayla3620on Jun 05, 2017 4:21pm
330 Views
Post# 26326592

How it will play out

How it will play out
When LSG was being bought out, Management started to get nervous , when the proxies were not coming back favourably.Approx 2-3 weeks before the meeting , Management hired a PR company to phone shareholders to find out if they were supportive or not , and of course they were doing a tally to see if the deal would get done or not. If we do not see a competing offer in the next week, I would bet that Management will start polling the share holders , just like LSG did
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