According to PANews, Bitcoin miner Ionic Digital has postponed its IPO plan. Former CEO Matt Prusak will leave on August 14, and the company has begun looking for a new CEO and appointed Chief Financial Officer John Penver as interim CEO.

Ionic said that despite the leadership change, the company still plans to go public and is confident that it can achieve its goals. Ionic also said that its cooperation with auditing firm RSM US has ended because the firm decided to stop providing services to crypto companies.

Ionic added that it has made good progress in finding a replacement audit firm. Earlier this year, Ionic acquired all of Celsius’ mining assets as part of Celsius’ exit from Chapter 11 bankruptcy proceedings.