Intchains Group Ltd V.ICG

Primary Symbol: ICG

Technology Semiconductors

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.

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Intchains Group Ltd > What is a 'Bought Deal' ? Money in the bank !

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Comment by tomgraniteon May 16, 2016 7:32am

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Post# 24875943

RE:RE:What is a 'Bought Deal' ? Money in the bank !

The 87c shares are flow through funding. The 59c shares are hard cash. FT shares give the subscriber a tax break in the year, hard cash does not. Any one who does not understand FT funding should look it up on google.

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