Coinbase delays direct listing on NASDAQ till April

Coinbase delays direct listing on NASDAQ till April
фото показано с : coinjournal.net

2021-3-22 13:25

Coinbase has pushed back its planned direct listing on the NASDAQ stock exchange to April as the Securities and Exchange Commission (SEC) reviews its plan

The leading US cryptocurrency exchange Coinbase has shifted its highly anticipated stock market listing until April. The company was expected to go public via a direct listing on the stock exchange this month but changed its plans due to certain issues.

Coinbase did not provide any reasons for the delay. However, in its report, Bloomberg cited people close to the matter as noting that the SEC review of the San Francisco-based exchange’s plan for a direct listing had affected the process.

The crypto exchange first announced that it was going public on the NASDAQ stock exchange in January and had a valuation above $70 billion. Last week, Coinbase registered 114.9 million shares to be traded on the stock market once the company goes public.

Coinbase opted to go public via the direct listing process instead of the usual initial public offering (IPO) that most companies use. Direct listing allows early investors to sell their holdings once the company starts trading on the stock exchange. Unlike the IPO, investors don’t have to wait for the expiration of a lockup period before they can dump their holdings.

According to the SEC filing last week, shares from investment firms like Andreessen Horowitz and Union Square Ventures are amongst those that would be traded once Coinbase goes public. The direct listing of Coinbase would be among the biggest the NASDAQ exchange has seen as most companies prefer going public via an IPO.

Last week, Coinbase settled its case with the Commodity Futures Trading Commission (CFTC). The regulatory agency had ordered the crypto exchange to pay $6.5 million for engaging in false, misleading or inaccurate reporting and wash trading. According to the consent order published by the CFTC, Coinbase engaged in those activities between 2015 and 2018.

The post Coinbase delays direct listing on NASDAQ till April appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

pxUSD Synthetic USD Expiring 1 April 2021 (PXUSD_MAR2021) на Currencies.ru

$ 1.1454 (-0.84%)
Объем 24H $0
Изменеия 24h: 7.63 %, 7d: 11.97 %
Cегодня L: $1.1454 - H: $1.1454
Капитализация $0 Rank 3882
Доступно / Всего 0 PXUSD_MAR2021

nasdaq listing direct coinbase april delays till

Источник: coinjournal.net

nasdaq listing → Результатов: 54


Coinbase Exchange to Select Nasdaq Over NYSE For Direct Listing

Popular cryptocurrency exchange Coinbase has reportedly chosen to stage its highly anticipated direct placement on Nasdaq instead of the New York Stock Exchange. Nasdaq not the NYSE According to a recent publication by an online crypto news platform, TheBlock, sources familiar with the situation confirmed that the crypto exchange prefers to work with Nasdaq for […] The post Coinbase Exchange to Select Nasdaq Over NYSE For Direct Listing first appeared on BitcoinExchangeGuide.

2021-2-2 17:41


Equos Parent Company, Diginex, Raises $20M Ahead of Planned Nasdaq Listing Later This Month

Diginex, the Hong Kong-based parent company of the cryptocurrency exchange Equos has raised $20 million ahead of its panning listing on the Nasdaq stock market later this month. The funding was raised from a group of private investors through the placement of convertible notes, including family offices in Hong Kong and London, and a hedge […] The post Equos Parent Company, Diginex, Raises M Ahead of Planned Nasdaq Listing Later This Month first appeared on BitcoinExchangeGuide.

2020-9-10 21:53


Китайская блокчейн-компания подала заявку на IPO на $100 млн

Компания OneConnect, ориентированная на блокчейн и ИИ, подала заявку на проведение IPO в Комиссию по ценным бумагам и биржам США (SEC). Она намерена привлечь $100 млн на Nasdaq или Нью-Йоркской фондовой бирже.

2019-11-14 14:52


Фото:

BOLT – The World’s First Open Entertainment Platform – Announces Strategic Partnerships With Bitmax & Binance For Listing The BOLT Token

30 April 2019, NASDAQ New York: BOLT, the revolutionary mobile-focused video content ecosystem will unveil two applications to bring the blockchain to the masses today. BOLT+ is a streaming application with a curated blend of live TV channels and video playlists for different moments, genres and moods.

2019-5-1 09:26


дальше еще 5 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Drops Below $100,000: The End Or Beginning Of The Crypto Bull Market?

Bitcoin, the titan of the cryptocurrency world with a market cap hovering around $1. 9 trillion, has experienced a significant downturn, dipping below the psychological threshold of $100,000. This flash dump, occurring over just three days, has left many investors and analysts questioning whether this marks the end of the current bull market or signals a healthy correction within an ongoing bullish trend.

ASIC Targets Binance Australia Over Landmark Case In Crypto Regulation

The Australian Securities and Investments Commission’s (ASIC) most recent action against Binance Australia marks a significant advancement in cryptocurrency regulation. The cryptocurrency community is in disbelief over this case, which will likely have a lasting impact on how digital currencies are governed in Australia and other nations.

UAE’s Bitcoin Holdings Soar To $40 Billion As Bull Season Continues

The United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion, marking a significant milestone in the country’s cryptocurrency journey. This investment surge aligns with a global bull market that has reignited interest in digital assets.

UAE’s Bitcoin Holdings Soar to $40 Billion As Bull Season Continues

The United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion, marking a significant milestone in the country’s cryptocurrency journey. This investment surge aligns with a global bull market that has reignited interest in digital assets.

ASIC Targets Binance Australia Over Groundbreaking Case in Crypto Regulation

The Australian Securities and Investments Commission’s (ASIC) most recent action against Binance Australia marks a significant advancement in cryptocurrency regulation. The cryptocurrency community is in disbelief over this case, which will likely have a lasting impact on how digital currencies are governed in Australia and other nations.