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Animoca Brands considering IPO in Hong Kong or the Middle East in late 2025 or early 2026

CointimeCointime2024/08/14 05:21
By:Cointime

Animoca Brands is weighing various potential options for relisting after delisting from the Australian Stock Exchange in 2020. The company stated that it is considering an IPO in Hong Kong or the Middle East by the end of 2025 or early 2026. Animoca Brands co-founder Yat Siu added, "To be frank, I think 2026 is more likely." Siu stated that the company has not yet selected a potential IPO advisor, but Animoca plans to conduct a non-deal roadshow in September as preparation. A non-deal roadshow can allow investors to learn about the company's current initiatives and future plans, such as an IPO, without the goal of selling securities. (The Block)

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