Argo Blockchain PLC received a notification of major holdings from Armistice Capital LLC, a New York-based entity, on July 31, 2024. The notification indicates that Armistice Capital LLC now holds 9.067306% of the voting rights attached to shares in Argo Blockchain PLC, totaling 57,700,000 voting rights. This change in holdings is considered an event changing the breakdown of voting rights.
Additionally, the notification mentions that on July 31, 2024, Armistice Capital LLC also held 57,800,000 warrant shares, which provide the right to subscribe to 57,800,000 unissued shares of Argo Blockchain PLC, with a 4.99% blocker.
The notification provides details of the person subject to the notification obligation, including the full name and the city and country of the registered office. It also outlines the total positions of the person subject to the notification obligation, the resulting situation on the date the threshold was crossed or reached, and the notified details of the resulting situation.
The notification concludes with information regarding the person subject to the notification obligation, stating that it is not controlled by any natural person or legal entity and does not control any other undertaking holding directly or indirectly an interest in the issuer.
This notification of major holdings by Armistice Capital LLC in Argo Blockchain PLC provides insight into the changes in voting rights and the acquisition of financial instruments, offering transparency to the market and stakeholders.