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 > NO !!!!!!!!!!!!!!!!!!

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Comment by Frankyboyon Jun 25, 2017 9:56am

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Post# 26402369

RE:RE: NO !!!!!!!!!!!!!!!!!!

It is certain that option 1 ($ 1.21) will be chosen by almost all shareholders. Everyone should be aware that the maximum available liquidity for all options is $ 129M. So this option will be abrogated and we will be forced to take option 3 ($ 0.18 + ELD shares). Given that the maximum number of shares available is 77M, we will receive 4% of our shares at $ 1.21. It's like a bad dream. we wake up screaming ... NO NO NO !!!!

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