Bitcoin Miner and AI Firm Ionic Digital Files for Nasdaq Direct Listing
Bitcoin mining and artificial intelligence infrastructure company Ionic Digital filed to directly list its shares on Nasdaq under the ticker symbol IOND. The filing registers the resale of up to 10.8 million shares, explicitly noting that no primary capital will be raised through the listing.
The direct listing provides a pathway for existing investors to trade shares on the public exchange without the company issuing new equity or engaging traditional underwriters. Prior to the filing, Attestor Capital held an 8.38% stake, while Oaktree Capital Management and Sachem Head Capital Management each owned 6.92% of Ionic Digital.
From the sources (2 posts)
@firstsquawkIONIC DIGITAL HAS FILED TO DIRECTLY LIST ITS CLASS A COMMON STOCK ON NASDAQ UNDER THE TICKER "IOND", REGISTERING THE RESALE OF UP TO 10.8 MILLION SHARES WITH NO PRIMARY CAPITAL RAISE. PRIOR TO THE LISTING, ATTESTOR CAPITAL HELD AN 8.38% ST
@reutersBitcoin miner and AI firm Ionic Digital files for Nasdaq direct listing