SHAREHOLDER NOTICE: The Gross Law Firm Notifies Shareholders of Argo Blockchain plc of a Class Action and Lead Plaintiff Deadline March 27, 2023 – (NASDAQ: ARBK) – Argo Blockchain (NASDAQ:ARBK)

NEW YORK, March 22, 2023 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders in the Argo Blockchain plc.

Shareholders who have purchased shares in ARBK during the listed class period are encouraged to contact the firm regarding the possible appointment of a lead plaintiff. Appointment as a lead plaintiff is not required to participate in any recovery.

CONTACT US HERE:

CLASS PERIOD: This action is on behalf of persons and entities that have purchased or otherwise acquired: (a) Argo American Depository Shares pursuant to and/or traceable to the documents issued in connection with the company’s initial public offering made on or about 23 September 2021; and/or (b) Argo securities between 23 September 2021 and 10 October 2022both dates included.

CLAIM: The complaint alleges that during the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Argo was highly exposed to and/or suffered from significant capital constraints, electricity and other costs, and network difficulties; (ii) the foregoing problems hampered Argo’s ability to mine Bitcoin or Bitcoin equivalents, execute its business strategy, fulfill its obligations and operate its Helios facility; (iii) as a result, Argo’s business was less sustainable than the defendants had led investors to believe; (iv) consequently, 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 the defendants’ public statements throughout the class period were materially false and/or misleading and failed to set forth information required to be disclosed therein.

DEADLINE: March 27, 2023 Shareholders should not delay registration for this class action. Register your information here: https://securitiesclasslaw.com/securities/argo-blockchain-plc-loss-submission-form/?id=37476&from=4

NEXT STEPS FOR SHAREHOLDERS: When you register as a shareholder who purchased shares in ARBK during the time frame listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the life cycle of the case. The deadline for applying to become the main plaintiff is March 27, 2023. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of fraud, fraud and illegal business practices. The Gross Law Firm is committed to ensuring that companies follow responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who have suffered losses when false and/or misleading statements or omissions of material information by a company lead to artificial inflation of the company’s shares. Lawyer advertising. Past results do not guarantee similar outcomes.

CONTACT:
Gross Advokatfirma
15 West 38th Street, 12th floor
New York, NY10018
Email: [email protected]
Phone: (646) 453-8903

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SOURCE The Gross Law Firm