Argo Blockchain plc (LON:ARB) today provided an update on its Nasdaq listing.

As announced on 18 July 2025, Argo received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC notifying Argo that because it has not regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1), the Staff had determined to delist Argo’s American Depositary Shares (“ADSs”) from The Nasdaq Global Select Market.

Argo submitted a request for a hearing before the Nasdaq Hearings Panel, which stayed any suspension or delisting action pending issuance of the Panel’s decision following the hearing.

A hearing before the Panel was held on 26 August 2025.

Argo today confirmed that following the hearing, on 18 September 2025, Argo was notified by Nasdaq that the Panel had granted Argo’s request for continued listing on The Nasdaq Global Select Market, subject to the condition that Argo demonstrates compliance with all applicable listing rules on or before 14 January 2026.

The Panel considered Argo’s recapitalization process under Part 26A of the UK Companies Act and determined that Argo’s continued listing request should be granted so as to allow it to complete that process.

Argo remains focused on delivering its strategic recapitalization in partnership with Growler Mining, LLC n/k/a Growler Mining Tuscaloosa, LLC and will continue to update the market on material developments.

There can be no assurance that Argo will be able to regain compliance with the minimum bid price requirement or will otherwise maintain compliance with all other applicable Nasdaq Listing Rules. Argo’s failure to meet these requirements could result in Argo’s ADSs being delisted from The Nasdaq Global Select Market.