04:58 PM EDT, 05/31/2024 (MT Newswires) -- Intchains ( ICG ) on Friday filed a registration statement to raise up to $300 million from the potential sale of securities from time to time in one or more offerings.

The filing covers class A shares in the form of American depositary shares, warrants, debt securities, purchase contracts, subscription rights, and units.

Net proceeds will be used for working capital, potential acquisitions, and other general corporate purposes, the company said.

The filing also covers the sale by some security holders of up to 9 million class A shares, the firm said.