Ionic Digital announced yesterday that it has confidentially submitted a draft registration statement on Form S-1 with the SEC for the proposed public listing of its Class A common stock. The planned offering will take place upon completion of the SEC’s review process and is subject to market and other customary conditions.
Get these headlines directly to your inbox: subscribe to Blockspace.
The confidential filing under Rule 135 of the Securities Act signals Ionic Digital’s intent to tap public equity markets to support its ongoing expansion in digital infrastructure and Bitcoin mining. The company has not yet determined the number of shares to be offered or the price range, nor has it set a listing date. Any subsequent offer or sale of securities will comply with Securities Act registration requirements.
Ionic Digital, which operates renewable energy powered Bitcoin mining facilities and advanced compute campuses, recently secured a lease with Nscale for GPU deployments.
