Applied Blockchain Inc. said Friday it plans to raise up to $67 million in its initial public offering by selling about 3.24 million shares at an estimated price range of $16.54 to $20.54 a share with underwriters B. Riley Securities and Needham & Co. Dallas-based Applied Blockchain plans to trade on the Nasdaq under the symbol “APLD”. The company is building data centers to host servers securing the bitcoin BTCUSD,
Source: Marketwatch