7 Things to Know About the Upcoming Applied Blockchain (APLD) IPO
- Wall St drops as Meta Platforms, economic data weigh
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Applied Blockchain, Inc. Announces Launch of Initial Public Offering
April 8, 2022 8:00 AM EDTDALLAS, April 08, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Applied or the Company), today announced it has launched an initial public offering of $60 million of its common stock, pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the SEC). In addition, Applied intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the offered common stock at the public offering price, less underwriting discounts and commissions. Applied intends to list on the Nasdaq Global Select Market under the ticker symbol APLD.
B. Riley Securities and Needham & Company... More