Phoenix delays listing on Abu Dhabi Securities Exchange to December 5

Due to the United Arab Emirates government designating the next 3rd and 4th of the month as temporary public holidays, the listing time of Phoenix on the Abu Dhabi Securities Exchange will be postponed to December 5th.

Previously, Golden Finance reported that the cryptocurrency mining company Phoenix Group completed its IPO on the Abu Dhabi Securities Exchange and received 33 times oversubscription. The company issued 907,323,529 shares of stock, with retail investors oversubscribing 180 times and professional investors oversubscribing 22 times. The tender offer period will end on November 18th, and the listing is scheduled to take place on December 4th, 2023, with the trading code being PHX.