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 > Resource Investor

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Comment by ricklangon May 19, 2017 2:21pm

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Post# 26265663

RE:RE:RE:RE:RE:RE:RE:RE:RE:Resource Investor

Exactly, great post.

In the deal ELD traded 1 of their shares for 5.5 shares of ICG + paid $0.30 cash per ICG share.

So you can divide ELD share price by 5.5 and then add 30 cents and it should be pretty close to where ICG is trading. Best thing for us ICG shareholders is to see ELD go above $5! GLTA

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