Ionic Digital wins SEC effectiveness, targets Nasdaq direct listing on July 28

Ionic Digital wins SEC effectiveness, targets Nasdaq direct listing on July 28

N
News Editor
2026-07-21 13:25:07
Bitcoin miner Ionic Digital said its registration statement has been declared effective by the U.S. Securities and Exchange Commission, clearing the way for the company to begin trading on the Nasdaq Global Select Market on July 28, 2026, under the ticker IOND. The company said it will go public through a direct listing rather than a traditional initial public offering. Under that structure, Ionic Digital will not issue new shares and will not raise capital from the market debut. Instead, existing registered shareholders will be able to sell their holdings directly into the public market. The company said the listing is designed to provide a liquidity path for shareholders, including a large group of investors who received stock in the company through the bankruptcy restructuring of crypto lending platform Celsius Network. The update was cited by Odaily, which referenced Theenergymag.
Ionic DigitalSECNasdaqDirect ListingBitcoin MiningCelsius Network

Bitcoin mining company Ionic Digital said its registration statement has been declared effective by the U.S. Securities and Exchange Commission, and the company expects to start trading on the Nasdaq Global Select Market on July 28, 2026, under the ticker “IOND.”

The company said it will list through a direct listing instead of a traditional initial public offering. No new shares will be issued, and Ionic Digital will not raise funds through the market debut. Existing registered shareholders will be allowed to sell their shares directly in the public market.

Ionic Digital said the listing will give shareholders a liquidity avenue, including a large number of investors who received company shares through the bankruptcy restructuring of crypto lending platform Celsius Network.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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