Argo Blockchain Lawsuit Submission Form

Company: Argo Blockchain plc

Ticker: (NASDAQ) ARBK

Deadline

Passed

Lead Plaintiff Deadline: March 27, 2023

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Allegations

The filed complaint alleges that Argo Blockchain plc made materially false and/or misleading statements and/or failed to disclose that:

(i) Argo was highly susceptible to and/or suffered from significant capital constraints, electricity and other costs, and network difficulties; (ii) the foregoing issues hampered Argo’s ability to mine Bitcoin or Bitcoin equivalents, execute its business strategy, meet its obligations, and operate its Helios facility; (iii) as a result, Argo’s business was less sustainable than defendants had led investors to believe; (iv) accordingly, Argo’s business and financial prospects were overstated; and (v) as a result, the documents issued in connection with the Company’s initial public offering and defendants’ public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.