{"id":47893,"date":"2021-08-18T14:14:46","date_gmt":"2021-08-18T11:14:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=47893"},"modified":"2025-09-01T23:37:01","modified_gmt":"2025-09-01T20:37:01","slug":"iris-energy-applies-for-direct-listing-on-nasdaq","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/iris-energy-applies-for-direct-listing-on-nasdaq\/","title":{"rendered":"Iris Energy applies for direct listing on Nasdaq"},"content":{"rendered":"<p>The Australian mining company Iris Energy has filed with the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> for a direct listing of its shares on the Nasdaq stock exchange.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Iris Energy confidentially submits registration statement<br \/>for proposed NASDAQ direct listing. <a href=\"https:\/\/t.co\/fInNjLbisv\">pic.twitter.com\/fInNjLbisv<\/a><\/p>\n<p>\u2014 Iris Energy (@irisenergyco) <a href=\"https:\/\/twitter.com\/irisenergyco\/status\/1427778458709413890?ref_src=twsrc%5Etfw\">August 17, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The company expects to go public in the fourth quarter of 2021.<\/p>\n<p>In May Iris Energy scrapped an attempt to go public via a SPAC deal that would have raised $300-$500 million. Instead, management <a href=\"https:\/\/forklog.com\/en\/news\/green-energy-bitcoin-miner-iris-energy-to-raise-200-million-ahead-of-nasdaq-listing\">focused<\/a> on raising $200 million in venture capital, having raised a quarter of the target amount to date.<\/p>\n<p>Iris Energy is focused on bitcoin mining using green energy. The company operates a 50 MW data centre in Canada powered by renewable energy, including hydroelectric power.<\/p>\n<p>By 2022, the company aims to increase the aggregate hash rate of its sites to 4.5 EH\/s.<\/p>\n<p>As previously reported, the blockchain-hosting provider Core Scientific will <a href=\"https:\/\/forklog.com\/en\/news\/core-scientific-to-go-public-via-spac-merger\">go public<\/a> in the fourth quarter via a SPAC merger valued at $4.3 billion.<\/p>\n<p>In late July, the mining company Stronghold Digital Mining, focused on using green energy <a href=\"https:\/\/forklog.com\/en\/news\/stronghold-digital-mining-to-raise-105-million-in-nasdaq-ipo\">announced<\/a> <span data-descr=\"initial public offering\" class=\"old_tooltip\">IPO<\/span> on Nasdaq.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian mining company Iris Energy has filed with the U.S. Securities and Exchange Commission for a direct listing on the Nasdaq stock exchange.<\/p>\n","protected":false},"author":1,"featured_media":47894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1639,768],"class_list":["post-47893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-iris-energy","tag-nasdaq"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=47893"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47893\/revisions"}],"predecessor-version":[{"id":47895,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47893\/revisions\/47895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/47894"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=47893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=47893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=47893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}