Hive Blockchain Receives Approval For Nasdaq Listing
Hive Blockchain Technologies (TSXV: HIVE) is the latest Canadian small cap issuer to head to the US big boards. The company this morning announced that it has received approval from the Nasdaq to list its equity on the Nasdaq Capital Market exchange.
Little additional details were provided by the company in relation to the news, with it being unclear when specifically trading will start in the equity on the US big board. It’s also unclear what symbol its equity will trade under, although the assumption is that it will utilize the same symbol it currently uses on the Canadian markets.
The company indicated that it intends to maintain its listing on the TSX Venture.
The announcement follows the recent news that Hive’s peers, Hut 8 Mining and Bitfarms have recently moved to the top tier exchange.
Hive Blockchain last traded at $2.98 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
