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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.


NDAQ:ICG - Post by User

Intchains Group Ltd > exercise of all outstanding warrants
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Comment by wwadehammeron May 26, 2016 1:08pm
299 Views
Post# 24907117

RE:RE:RE:RE:RE:exercise of all outstanding warrants

RE:RE:RE:RE:RE:exercise of all outstanding warrantsI looked at the numbers and here's my guess:

Working Capital

From 3/31/16

MD&As                                          $15.5 Million

 

PPs Since 3/32/16                           25.0 Million

 

Matching PP

ELD                                                   4.0 Million

 

Warrants                                           5.5 Million*

 

Eastmain Cost                                 (6.0) Million

 

2 Months Cash Outlay                     (6.0) Million

 

   Estimated Cash at 5/31/16         $38.0 Million

 

 

A large percentage of warrants were exercised prior to 3/31/16 so I guessed half were exercised after 3/3/16.

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