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Seeking Alpha 2022-01-13 13:37:23

Rhodium Enterprises to raise capital in a 7.7M stock offering

Rhodium Enterprises (RHDM) launched an initial public offering of 7.7M shares of its Class A common stock at an anticipated initial offering price between $12.00 and $14.00 per share. Underwriters granted 30-day option to purchase up to an additional 1.15M shares of Class A common stock. The company plans to list on Nasdaq under the symbol, "RHDM". Rhodium Enterprises is an industrial-scale digital asset technology company utilizing its proprietary technologies to mine bitcoin.

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