Coinbase Receives SEC Stamp of Approval for Public Listing | Crypto Craft

  • Coinbase Receives SEC Stamp of Approval for Public Listing

    From coindesk.com

    Crypto exchange Coinbase is officially going to become a publicly traded company. Its Form S-1 has been deemed effective by the U.S. Securities and Exchange Commission (SEC), clearing the way for its much-anticipated direct listing on Nasdaq. The move caps a seven-month effort by the exchange to go public. Rumors first emerged Coinbase was exploring a direct listing on a U.S. stock exchange last summer, though the company didn’t confirm the news until December 2020. At the time, the exchange only announced it had confidentially filed its Form S-1 with the SEC. Coinbase didn’t confirm it was looking to list its ... (full story)

Added at 6:40am

  • Coinbase Global, Inc. Form S-1 as filed with the Securities and Exchange Commission on February 25, 2021

    From sec.gov

    This prospectus relates to the registration of the resale of up to shares of our Class A common stock by the stockholders identified in this prospectus, or the registered stockholders. Prior to the listing of our Class A common stock on the Nasdaq Global Select Market there has been no public market for our Class A common stock. Unlike an initial public offering, the resale by the registered stockholders is not being underwritten by any investment bank. The registered stockholders may elect to sell their shares of Class A common stock covered by this prospectus, as and to the extent they may determine. Such sales, if ... (full story)

Added at 6:55am

Added at 6:55am
Added at 6:55am
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BTCmailman
Feb 25, 2021 9:14am
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This should take some institutional money away from BTC in the near term so I can stack more sats at a discount! Bullish long term for the entire crypto space.
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