Direct listing – DIGIT INFO

Coinbase, Executives, Investors Hit With Lawsuit Over Nasdaq Listing

DIGIT — Sun, 25 Jul 2021 16:30:46 +0000

A class-action lawsuit has been filed against cryptocurrency exchange Coinbase, its executives, and investors over the company’s direct listing on Nasdaq. “According to the complaint, the registration statement and prospectus used to effectuate the company’s offering were false and misleading,” the lawsuit alleges. Class Action Lawsuit Against Coinbase Scott+Scott Attorneys at Law LLP announced Friday […]

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Kraken Weighs in on IPO After Coinbase’s Lackluster Direct Listing Performance

DIGIT — Sat, 12 Jun 2021 08:00:00 +0000

Kraken, the US-based exchange, is weighing in on whether to use an IPO or a direct listing to go public. Kraken’s CEO Jesse Powell stated that after Coinbase’s performance, they were considering other options for going public next year. The company will be the second crypto exchange to go public in the US if things […]

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Coinbase’s COIN stock reference price set at just $250, as 1,700 staff get free shares

DIGIT — Wed, 14 Apr 2021 03:10:01 +0000

Coinbase’s reference price of $250, received ahead of the Nasdaq direct listing, values a “thank you” gift to all 1,700 full-time employees at $25,000.

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Coinbase expects direct listing on April 14

DIGIT — Thu, 01 Apr 2021 20:28:55 +0000

The San Francisco-based company could be the first crypto exchange to go public in the United States.

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Crypto exchange Kraken says it is ‘too big’ to go public through a SPAC

DIGIT — Wed, 17 Mar 2021 18:15:00 +0000

A spokesperson recently said “$10 billion would be a low valuation” for Kraken.

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Coinbase Opts out of IPO Routine, Chooses Popular Direct Listing Route

DIGIT — Sat, 30 Jan 2021 03:00:24 +0000

The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution to underwrite the settlements. Coinbase to Skip IPO Process, Shoots for a […]

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Coinbase Files Paperwork With SEC to Launch Public Offering

DIGIT — Fri, 18 Dec 2020 01:30:33 +0000

U.S. cryptocurrency exchange Coinbase had confidentially filed a draft registration for a public offering to the Securities and Exchange Commission (SEC). Coinbase Sent Draft Registration to the US SEC On December 17, 2020, the exchange made the announcement on its blog, stating that the firm submitted a draft registration statement on Form S-1 with the […]

The post Coinbase Files Paperwork With SEC to Launch Public Offering appeared first on Bitcoin News.

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Coinbase Eyeing US Stock Market Listing as Early as This Year

DIGIT — Thu, 09 Jul 2020 23:30:19 +0000

Coinbase Inc is planning a U.S. stock market listing for later this year or early 2021, Reuters reported on Thursday. The plan is subject to approval by the U.S. Securities and Exchange Commission. If successful, Coinbase could become the first major American cryptocurrency exchange to go public. Instead of an initial public offering (IPO}, where […]

The post Coinbase Eyeing US Stock Market Listing as Early as This Year appeared first on Bitcoin News.

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