{"id":44182,"date":"2021-06-11T14:57:25","date_gmt":"2021-06-11T11:57:25","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44182"},"modified":"2025-08-31T15:47:26","modified_gmt":"2025-08-31T12:47:26","slug":"hut-8-sets-expected-nasdaq-listing-date","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/hut-8-sets-expected-nasdaq-listing-date\/","title":{"rendered":"Hut 8 Sets Expected Nasdaq Listing Date"},"content":{"rendered":"<p>Canadian mining company Hut 8 Mining Corp. has received approval to list its shares on the Nasdaq stock exchange.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">ANNOUNCEMENT \ud83d\udc49HUT 8 APPROVED\u2705 to list on the NASDAQ GLOBAL SELECT MARKET. The highest Tier of NASDAQ. Trade date details will be provided shortly. \ud83c\udf0f\ud83d\ude80\ud83d\ude80\ud83d\ude80 <a href=\"https:\/\/twitter.com\/JaimeLeverton?ref_src=twsrc%5Etfw\">@JaimeLeverton<\/a> <a href=\"https:\/\/twitter.com\/Hut8Mining?ref_src=twsrc%5Etfw\">@Hut8Mining<\/a> <a href=\"https:\/\/t.co\/BJ9WEQi6iX\">https:\/\/t.co\/BJ9WEQi6iX<\/a><\/p>\n<p>\u2014 Hut 8 Mining (@Hut8Mining) <a href=\"https:\/\/twitter.com\/Hut8Mining\/status\/1402938438224125954?ref_src=twsrc%5Etfw\">June 10, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the press release, the expected listing date for the securities under the ticker HUT is June 15, 2021. Under the same ticker, the company&#8217;s shares trade on the Toronto Stock Exchange.<\/p>\n<p>Hut 8 has entered into an agreement with Canaccord Genuity Corp.\u2014the firm will act as lead underwriter on its own behalf and for the underwriting syndicate. Under the terms, they will acquire 20 million units (one common share and a <span data-descr=\"half of a stock purchase order\" class=\"old_tooltip\">warrant<\/span>) at C$5 per unit (~$4.13 at the time of writing).<\/p>\n<p>Each warrant may be exercised to purchase one security at a price of C$6.25 within 24 months of issuance.<\/p>\n<p>The mining company will also grant the underwriters an option to purchase up to an additional 3 million units.<\/p>\n<p>Proceeds will be used to expand existing capacity, purchase mining equipment, fund strategic partnerships, and for general corporate purposes.<\/p>\n<p>Earlier in April, the Canadian company announced plans<a href=\"https:\/\/u1f987.com\/en\/news\/hut-8-to-raise-c500-million-on-the-toronto-stock-exchange\"> to raise C$500 million<\/a> through an offering on the Toronto Stock Exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canadian mining company Hut 8 Mining Corp. has received approval to list its shares on the Nasdaq stock exchange.<\/p>\n","protected":false},"author":1,"featured_media":44183,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1136,768,1211],"class_list":["post-44182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-hut-8","tag-nasdaq","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=44182"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44182\/revisions"}],"predecessor-version":[{"id":44184,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44182\/revisions\/44184"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/44183"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=44182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=44182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=44182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}