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China-based fabless chip supplier Intchains Group ( ICG ) has filed for a proposed $29M US preliminary public providing.
Intchains mentioned in its submitting that it was seeking to provide 3.6M American Depositary Shares, priced between $7 and $9 apiece, which would elevate round $29M if priced on the midpoint.
China-based Fabless Chip Supplier Intchains Information For $29M US IPO (Pending:ICG) comes via ChinaTechNews.com.