Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Ivanhoe Electric Inc has priced its initial public offering at $11.75 a share, raising $169.1 million.
- The company’s mining billionaire Robert Friedland sold about 14.4-million shares at the bottom of its previously guided IPO price range of $11.75 to $12.50.
- The underwriters have an option to purchase an additional 2.16-million shares.
- According to Bloomberg, Ivanhoe Electric IPO is still the biggest U.S. IPO since May.
- The shares are expected to begin trading on the NYSE American and the TSX on Tuesday under the ticker symbol ‘IE.’
- Ivanhoe Electric has a portfolio of mineral projects, primarily focused on copper and other metals needed for the clean energy transition.
- The company said it would use the net proceeds to acquire or maintain its mineral and property rights to its material and key mineral properties, to further its metals exploration activities at its mineral properties, and to construct and deploy additional sets of its Typhoon electrical pulse-powered geophysical surveying transmitter technology.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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