# EDGAR Filing Document

**Accession Number:** 0001841675
**File Stem:** 0001104659-25-122672
**Filing Date:** 2025-12
**Character Count:** 15781
**Document Hash:** a1d4ffb226b73dcacf20248780589547
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-122672.hdr.sgml**: 20251218

**ACCESSION NUMBER**: 0001104659-25-122672

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251218

**DATE AS OF CHANGE**: 20251218

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Argo Blockchain Plc
- **CENTRAL INDEX KEY:** 0001841675
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-95195
- **FILM NUMBER:** 251584749

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** EASTCASTLE HOUSE
- **STREET 2:** 27/28 EASTCASTLE STREET
- **CITY:** LONDON
- **PROVINCE COUNTRY:** X0
- **ZIP:** W1W 8DH
- **BUSINESS PHONE:** 44 20 788 400 3403

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** EASTCASTLE HOUSE
- **STREET 2:** 27/28 EASTCASTLE STREET
- **CITY:** LONDON
- **PROVINCE COUNTRY:** X0
- **ZIP:** W1W 8DH
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Growler Mining Tuscaloosa, LLC
- **CENTRAL INDEX KEY:** 0002101281

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** AL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**BUSINESS ADDRESS:**
- **STREET 1:** 1301 INDUSTRIAL PARK DRIVE
- **CITY:** TUSCALOOSA
- **STATE:** AL
- **ZIP:** 35401
- **BUSINESS PHONE:** 205-752-0677

**MAIL ADDRESS:**
- **STREET 1:** 1301 INDUSTRIAL PARK DRIVE
- **CITY:** TUSCALOOSA
- **STATE:** AL
- **ZIP:** 35401

## Exhibit 99.1

**EXHIBIT 1**

**SCHEDULE 13D JOINT FILING AGREEMENT**

In accordance with the requirements of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and subject to the limitations set forth therein, the parties set forth below agree to jointly file the Schedule 13D to which this Joint Filing Agreement is attached and have duly executed this Joint Filing Agreement as of the date set forth below.

Dated: December 18, 2025

---

| |
|:---|
| **GROWLER MINING TUSCALOOSA, LLC** |
| /s/ Luther S. Pate, IV |
| Name: Luther S. Pate, IV |
| Title: Manager |
| /s/ Luther S. Pate, IV |
| Luther S. Pate, IV |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**Argo Blockchain Plc**

*(Name of Issuer)*

**Ordinary Shares, nominal value GBP0.001 per share**

*(Title of Class of Securities)*

**040126RR7**

*(CUSIP Number)*

**Growler Mining Tuscaloosa, LLC**<br>1301 Industrial Park Drive<br>Tuscaloosa AL 35401<br>(205)-752-0677

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**12/15/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **040126RR7** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Growler Mining Tuscaloosa, LLC** | Name of reporting person<br>**Growler Mining Tuscaloosa, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**ALABAMA** | Citizenship or place of organization<br>**ALABAMA** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**25250464800.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**25250464800.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**25250464800.00** | Aggregate amount beneficially owned by each reporting person<br>**25250464800.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**87.5%** | Percent of class represented by amount in Row (11)<br>**87.5%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

| **CUSIP No.** | **040126RR7** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Luther S. Pate, IV** | Name of reporting person<br>**Luther S. Pate, IV** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**25250464800.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**25250464800.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**25250464800.00** | Aggregate amount beneficially owned by each reporting person<br>**25250464800.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**87.5%** | Percent of class represented by amount in Row (11)<br>**87.5%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** (1) Represents Ordinary Shares of Argo Blockchain plc (the "Issuer"), which are represented by 11,690,030 American Depositary Shares ("ADSs"), which are in turn represented by American Depositary Receipts ("ADRs"), which are held directly by Growler Mining Tuscaloosa, LLC ("Growler"), of which Luther S. Pate, IV is the sole owner, member, and manager. As such, Mr. Pate exercises voting and investment control over the securities held by Growler.

(2)  Represents 25,250,464,800 Ordinary Shares (represented by ADSs which in turn are represented by ADRs, which are held directly by Growler) as a percentage of total outstanding Ordinary Shares of 28,857,673,160.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Ordinary Shares, nominal value GBP0.001 per share

**(b) Name of Issuer:**
Argo Blockchain Plc

**(c) Address of Issuer's Principal Executive Offices:**
Eastcastle House, 27/28 Eastcastle Street, London, X0, 8DH

**Item 4. Purpose of Transaction**

Restructuring Plan

On December 11, 2025, a Restructuring Plan (the "Restructuring Plan") with respect to the Issuer became effective after being sanctioned by the High Court of Justice, Business and Property Courts of England and Wales. On December 15, 2025, the Restructuring Plan was implemented (the "Implementation Date") and the transactions contemplated by the Restructuring Plan were consummated (the "Restructuring"). As a result of the Restructuring, among other things, the Issuer issued 25,250,464,800 Ordinary Shares to JPMorgan Chase Bank, N.A., as depositary (the "Depositary"), against which the Depositary issued 11,690,030 restricted ADSs, represented by restricted ADRs, to Growler in exchange for Growler's contributions under the Restructuring Plan, which included (i) the release of all claims under the secured loan facility in the amount of $7.7 million previously provided by Growler to the Issuer, (ii) pursuant to the Exchange Agreement (as defined below), the transfer of certain cryptocurrency mining and other assets to the Issuer via the transfer of Growler's wholly owned subsidiary holding such assets, and (iii) pursuant to the Subscription Letter (as defined below), a cash contribution to the Issuer in the amount of $3.5 million to support the Issuer's post-implementation operations. The restricted ADSs, represented by restricted ADRs, are subject to transfer limitations under U.S. securities laws and the terms of that certain Restricted Issuance Agreement, dated December 15, 2025, by and between the Issuer and the Depositary (the "Restricted Issuance Agreement"), including restrictive legends and requirements for legal opinions and issuer instructions prior to any transfer, cancellation, or exchange.

In connection with the Restructuring Plan, (1) the Ordinary Shares were delisted from the London Stock Exchange and are quoted on a matched bargain share dealing facility with JP Jenkins for a period of six months, and (2) Ralfe Hickman, Growler's director nominee, was elected to the Issuer's board of directors. Following the Implementation Date, Growler beneficially owns approximately 87.5% of the Issuer's outstanding Ordinary Shares through an aggregate of 11,690,030 restricted ADSs, represented by restricted ADRs. The individual issuances that compose this aggregate issuance are further detailed below.

Release of Claims under Secured Loan Facility

In connection with the implementation of the Restructuring Plan, on December 12, 2025, Growler released all claims under the secured loan facility in the amount of $7.7 million previously provided by Growler to the Issuer under the Restructuring Plan, and in exchange the Issuer issued 5,555,102,256 Ordinary Shares to the Depositary in favor of Growler against which the Depositary issued 2,571,807 restricted ADSs, represented by restricted ADRs, to Growler.

Exchange Agreement

In connection with the implementation of the Restructuring Plan, on December 12, 2025, the Issuer entered into an Exchange Agreement (the "Exchange Agreement") with Growler and its wholly owned subsidiary, Growler USCo, Inc. ("USCo"), which holds certain cryptocurrency mining and other assets. Pursuant to the Exchange Agreement, Growler agreed to transfer all issued and outstanding shares of common stock of USCo to the Issuer, resulting in USCo becoming a wholly owned subsidiary of the Issuer. In exchange, the Issuer issued 17,170,316,064 Ordinary Shares to the Depositary in favor of Growler against which the Depositary issued 7,949,220 restricted  ADSs, represented by restricted ADRs, to Growler.

Subscription Agreement

In connection with the implementation of the Restructuring Plan, on December 12, 2025, the Issuer entered into a Subscription Letter (the "Subscription Letter") with Growler. Pursuant to the Subscription Letter, Growler paid a subscription price of $3.5 million to the Issuer in exchange for its issuance of 2,525,046,480 Ordinary Shares to the Depositary in favor of Growler, against which the Depositary issued 1,169,003 restricted ADSs, represented by restricted ADRs, to Growler.

General

Each Reporting Person acquired the securities described in this Statement in connection with the Restructuring and intends to review its investments in the Issuer on a continuing basis. Any actions a Reporting Person might undertake may be made at any time and from time to time without prior notice and will be dependent upon the Reporting Person's review of numerous factors, including, but not limited to: an ongoing evaluation of the Issuer's business, financial condition, operations and prospects; price levels of the Issuer's securities; general market, industry and economic conditions; the relative attractiveness of alternative business and investment opportunities; and other future developments.

The Reporting Person may acquire additional securities of the Issuer or retain or, subject to the Restricted Issuance Agreement, sell or otherwise dispose of all or a portion of the securities then held, in the open market or in privately negotiated transactions or otherwise.

Other than as described above, neither Reporting Person currently has any plans or proposals that relate to, or would result in, any of the matters listed in Items 4(a)-(j) of Schedule 13D, although, depending on the factors discussed herein, a Reporting Person may change its purpose or formulate different plans or proposals with respect thereto at any time.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The Reporting Persons beneficially own 11,690,030 ADSs (represented by ADRs)   representing 25,250,464,800 Ordinary Shares, which in turn represent 87.5% of   outstanding Ordinary Shares. The ADSs are held of record by Growler. Mr. Pate, as the   sole owner, member, and manager of Growler, has sole power to vote and dispose of all   of the ADSs, represented by ADRs, and hence, the Ordinary Shares reported herein.

**(b)**
25,250,464,800

**(c)**
The information set forth in Item 4 of this Statement is incorporated by reference herein.   Except as described in Item 4 of this Statement, the Reporting Persons have not engaged   in any transactions in the Ordinary Shares in the past sixty days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Item 4 of this Statement summarizes certain provisions of the Restructuring Plan, the Exchange Agreement, the Subscription Letter, and the Restricted Issuance Agreement, and is incorporated herein by reference.  A copy of each of the Restructuring Plan, the Exchange Agreement, and the Subscription Letter is furnished herewith and is incorporated herein by reference.

Except as set forth herein, the Reporting Persons do not have any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including but not limited to any contracts, arrangements, understandings or relationships concerning the transfer or voting of such securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Growler Mining Tuscaloosa, LLC

**Signature:** /s/ Luther S. Pate, IV

**Name/Title:** Luther S. Pate, IV Manager

**Date:** 12/18/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Luther S. Pate, IV

**Signature:** /s/ Luther S. Pate, IV

**Name/Title:** Luther S. Pate, IV

**Date:** 12/18/2025