Australian bitcoin mining company Bitcoin Group Ltd has extended the time for investors to apply for shares in its upcoming IPO on the Australian Stock Exchange (ASX) to 20 November 2015, making the third extension of the deadline.
Bitcoin Group is set to become the first Bitcoin company to list on a major global stock exchange, with the trading of shares on the ASX expected to commence on a normal settlement basis on 11 December 2015.
The bitcoin mining firm has a number of delays and bumps on the road to its IPO. For the current attempt to list on the ASX, the original closing date for Bitcoin Group’s IPO was 30 October 2015. In late October, the company extended the IPO offer period to 13 November 2015.
Australia’s largest bitcoin mining operator has made two previous attempts to list on the ASX, which were both halted by Australian Securities and Investment Commission (ASIC).
Bitcoin Group also recently announced that it had raised more than $3 million on the crowd funding platform BnkToTheFuture.com.
The company’s latest supplementary prospectus detailing the IPO extension is available via the Bitcoin Group website.