Coinbase will make its public debut on the Nasdaq at an unspecified date under the ticker symbol (COIN) and this will be through a direct listing, an approach that is markedly different from the traditional IPOs. American cryptocurrency exchange Coinbase Global Inc has submitted plans to sell 114.8 million shares of Class A common stock in a direct-listing initial public offering (IPO) on the Nasdaq Global Select Market. According to an amended filing lodged with the Securities and Exchange Commission (SEC) on Wednesday, the company is proposing a maximum aggregate…
Coinbase Registers 114.8M Shares Ahead of Direct Nasdaq Listing
