After more than three years, Galaxy Digital Holdings Ltd. is inching closer to a listing on the Nasdaq exchange. It now awaits a shareholder vote sometime in May.
It follows a green light from the U.S. Securities and Exchange Commission on Monday afternoon to change Galaxy’s registration from the Cayman Islands to Delaware.
Galaxy Digital first signaled its intent to list on Nasdaq in January 2022, marking the SEC’s go-ahead as one of the last few hurdles before the company gets approved for a listing under the ticker “GLXY.”Â
“We’re on track to list on Nasdaq shortly after our shareholder vote on May 9, contingent on completing our reorganization,” CEO Mike Novogratz shared on X. “Let’s go!”
Galaxy’s registration statement via the SEC’s database details how the crypto and artificial intelligence infrastructure firm plans to shift its home base and reorganize under a new Delaware-based company, adopting a structure common…
