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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

Comment by ukermannon May 16, 2017 3:05pm
152 Views
Post# 26251151

RE:RE:RE:RE:RE:No deal

RE:RE:RE:RE:RE:No dealELD being the first one in, and carrying the "insider" view, needed to be delt with. I think they must have told management we're going in, so we can do this the easy way or the hard way. So if that were me, I would want to leave myself in a position to try to manage the takeout for the best interest of the company. Get the cheap bid out there, let the others know we're shopping it looking to flush out any other potential bids, then drop the MOAB, to top off the bid to another level. Remember Marine saying they've had the LD findings "in the lab" since the end of '16. This story is far from over. Looking at $1.50+ (US) once the dust settles....
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