Billion State International submitted a listing application to the US SEC, with a revenue of $ 109 million in 19 years and a net loss of $ 41.1 million

Bitcoin mining machine manufacturer Yibang International officially submitted a prospectus application to the US Securities and Exchange Commission (SEC) on April 24, hoping to raise US $ 100 million through an IPO. According to the prospectus, Yibang International achieved revenue of US $ 109 million in 2019 and a net loss of US $ 41.1 million. Billion State International plans to list on the NYSE or NASDAQ under the stock code EBON. AMTD Global Markets and Loop Capital Markets are joint bookrunners for this listing application.