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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 preciousminguyon May 15, 2017 9:19am
205 Views
Post# 26243808

there are always market risks

there are always market risks
just because there is a buyout of 1.21 doesn't mean it will trade at exactly that! it could go over, could be lower. depends on how the market feels about the transaction. I was a part of many that traded well below the buyout price for months before the actual transaction was completed. To me id rather get my capital out and allocate elsewhere than wait months for this to complete. I would have a very limited upside here, where as with others I have a LARGE upside for that money. Not gonna wait for a couple pennies lol come on, not worth it.
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