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home / news releases / EBON - Ebang Seeks To Diversify But Faces Delays

EBON - Ebang Seeks To Diversify But Faces Delays

Ebang International Holdings Inc.
  • Ebang International went public in June 2020, raising $101 million in gross proceeds in a U.S. IPO.
  • The China-based firm designs ASICs for crypto mining machines.
  • EBON has sought to diversify into Fintech as well as stand up crypto mining operations outside China but has faced supply chain issues and difficulty in obtaining infrastructure.
  • At around $1.20 per share, my outlook is Neutral.

For further details see:

Ebang Seeks To Diversify But Faces Delays
Stock Information
Company Name: Ebang International Holdings Inc.
Stock Symbol: EBON
Market: NASDAQ
Website: ebang.com.cn
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