Bgin Blockchain scales back its IPO, aiming to raise $36 million

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According to Foresight News, crypto mining equipment manufacturer Bgin Blockchain has reduced its IPO scale, planning to raise $36 million by issuing 6 million shares at a price range of $5 to $7 per share. Previously, Bgin Blockchain had planned to issue 6.25 million shares at a price range of $7 to $9 per share, but subsequently underwent a 1:1.4375 stock split.

Foresight News previously reported that Bgin Blockchain applied for listing in the United States in February, intending to raise $50 million.

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