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 > Buyout negotiation in process

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Post by markzhang28on Oct 28, 2016 3:52pm

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Buyout negotiation in process

Guess Integra Gold is in the process to be buyout. Sell 7,00,000 Estamain share ($5M) make the integra looks more attractive with more cash available. The buyer will keep the share price as low as possible, at same time, request Integra to pending issue ER and PEA. I remember when Probe Mine was buyout is same timeline with updated PEA pending for issue. Just my guess.

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