SEC Gives Approval to Galaxy Digital’s Listing on Nasdaq
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Galaxy Digital is nearing its much-anticipated US stock market debut after securing approval from the Securities and Exchange Commission for its registration statement.
According to an official statement from April 7, the approved Form S-4 pertains to Galaxy’s plan to move its base from the Cayman Islands to Delaware, establishing a new US-based holding company, Galaxy Digital Inc. (“New Pubco”).
As part of the reorganization, existing shareholders will receive shares of New Pubco’s Class A common stock on a one-for-one basis, with no change to their economic interest or voting power.
The company plans to list these shares on the Nasdaq Global Select Market under the ticker symbol “GLXY.”
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