Argo Blockchain shares surge 14.71% intraday as ADS ratio change announced to regain Nasdaq compliance.

Monday, Nov 24, 2025 3:54 pm ET1min read
Argo Blockchain PLC surged 14.71% intraday after announcing a planned adjustment to its American Depositary Shares (ADSs) ratio to regain compliance with Nasdaq listing criteria. The company will change the ratio so that one ADS represents 2,160 ordinary shares instead of ten, effective 12 December 2025. This move addresses regulatory concerns and aims to secure the company’s continued listing on Nasdaq, which investors likely interpreted as a positive step toward stabilizing the stock’s market position. The announcement, made on 21 November 2025, underscores Argo’s efforts to align with exchange requirements and mitigate delisting risks, reinforcing confidence in its operational continuity.

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