SEC approves and releases Coinbase common shares to be traded on Nasdaq

By Simplify Crypto | Simplify Crypto | 2 Apr 2021


The American Securities and Exchange Commission (SEC) approved Coinbase's direct public listing.

According to a post on the Coinbase Blog and a post on your Twitter account, Coinbase Global Inc. announced today that its registration statement on Form S-1 has been declared effective.

Thus, Coinbase's Class A common shares may be traded on the Stock Exchange.

Coinbase believes that Nasdaq Global Select Market is expected to introduce the assets under the ticker “COIN” on April 14, 2021.

The company provided a copy of the document attached to the SEC, which the Bitnotícia Portal transcribes below:

The registration statement for these securities was filed and declared in effect by the SEC. This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor should there be any sale of those securities in any state or jurisdiction where such offer, solicitation or sale is illegal prior to registration or qualification under the laws of securities of any state or jurisdiction.

Forward-Looking Statements
This communication contains forward-looking statements in accordance with the Private Securities Litigation Reform Act 1995. All statements, except statements of historical facts, are forward-looking statements. These statements include, but are not limited to, statements relating to the date on which Coinbase's Class A common shares will be available for trading on the Nasdaq Global Select Market. The words "believe", "can", "will", "potential", "anticipate", "intend", "wait", "could" and "would" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on management's expectations, assumptions and projections, based on information available at the time the statements were made. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including risks and uncertainties related to: whether or not Coinbase will consummate the proposed public listing, prevailing market conditions, investor demand for Class A common shares Coinbase and the impact of general economic, industry or regulatory conditions in the United States or internationally. More information about the risks that may affect Coinbase's business and the proposed public direct listing is included in Coinbase's filings with the SEC, including Form S-1 / A filed on March 23, 2021. Except as required by law, Coinbase assumes no obligation to update these forward-looking statements. and the impact of general economic, industrial or regulatory conditions in the United States or internationally. More information about the risks that may affect Coinbase's business and the proposed public direct listing is included in Coinbase's filings with the SEC, including Form S-1 / A filed on March 23, 2021. Except as required by law, Coinbase assumes no obligation to update these forward-looking statements. and the impact of general economic, industrial or regulatory conditions in the United States or internationally. More information about the risks that may affect Coinbase's business and the proposed public direct listing is included in Coinbase's filings with the SEC, including Form S-1 / A filed on March 23, 2021. Except as required by law, Coinbase assumes no obligation to update these forward-looking statements.

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Simplify Crypto
Simplify Crypto

Trying to help people to understand the crypto world from the basic concepts to the crypto projects purpose. My articles are publish in Publish0x and Hive

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