Intchains Group Limited (ICG) Files for Proposed ADS IPO

Intchains Group Limited (NASDAQ: ICG) has filed for a proposed initial public offering of American Depositary Shares.

The company describes itself as: "We are a provider of integrated solutions consisting of high-performance ASIC chips and ancillary software and hardware for blockchain applications. We utilize a fabless business model and specialize in the front-end and back-end of IC design, which are the major components of the IC product development chain. We have established strong supply chain management with a leading foundry, which helps to ensure our product quality and stable production output."

Maxim Group LLC will serve as sole underwriter.

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