China's Ebang seeks to raise up to $124m in Nasdaq IPO

China's Ebang seeks to raise up to $124m in Nasdaq IPO

Photo: Aleksi Räisä

Ebang International, a Chinese maker of cryptocurrency mining equipment, has set terms for its initial public offering (IPO) in the United States to raise up to $124 million, according to an updated filing with the U.S. Securities and Exchange Commission (SEC) on Thursday.