Argo Blockchain has completed a fundraise
March 2021 — Argo Blockchain has raised funds to purchase more mining rigs and accelerate growth.
Argo is a publicly traded blockchain technology company focused on large-scale cryptocurrency mining. The firm supports continued growth, innovation and function of the world’s top blockchain networks.
Our role in the transaction
Oaklins Cavendish’s sister firm finnCap, based in the UK, acted as advisor and broker to Argo Blockchain, raising close to US$28m of the overall fundraise from a number of UK institutional funds. The team led the fundraise and coordinated the deal with two other brokers. finnCap’s book was significantly oversubscribed, which assisted in securing a successful placing price which the market and company were both happy with.
Talk to the deal team
Related deals
OEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value
OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.
Learn moreVerdane has completed the acquisition of Augmentum Fintech
Following the acceptance of its offer and subsequent shareholder approval, Augmentum Fintech plc has been acquired by Verdane Advisors AS.
Learn more360 Experience Group has merged with GoodFellows
360 Experience Group, a European end-to-end service provider of live experiences, and GoodFellows have merged to create one of the largest live experiences players in Europe. By pooling their strengths under the 360 Experience Group banner, the merged group will span the full breadth of the live industry and bring together 16 specialized companies, including Live Legends, Unlimited Productions, Unbranded, TIG Sports and Events and Kumpany. The group will provide end-to-end solutions for the realization of large-scale live entertainment, international sports and public events and impactful brand activations. The combined business will generate over US$90 million in revenue and employ more than 230 people.
Learn more