Galaxy Digital Holdings Ltd. announced that the U.S. Securities and Exchange Commission (SEC) has declared effective the Registration Statement on Form S-4 relating to the company’s previously announced reorganization and domestication from the Cayman Islands to Delaware and proposed “listing on the Nasdaq Global Select Market of Class A common stock of Galaxy Digital Inc., a new Delaware holding company.”
Mike Novogratz, CEO and Founder of Galaxy.
“We’re pleased to announce the effectiveness of our registration statement with the SEC. This marks an important milestone for Galaxy, as we take a significant step toward advancing our mission of driving innovation and growth across digital assets and artificial intelligence infrastructure. We look forward to completing the transaction this quarter.”
Galaxy anticipates listing on Nasdaq “under the ticker symbol GLXY.”
Holders of record of the Company’s ordinary shares as of the close of business on April 7, 2025 are “entitled to notice of the Special Meeting and to vote at the Special Meeting.”
Galaxy will be filing a Canadian “management information circular and the prospectus.”
The parties anticipate that the Reorganization will “close in mid-May, subject to the approval by the shareholders of the company and the Toronto Stock Exchange (TSX).”
The Nasdaq listing is subject to the “closing of the Reorganization and fulfillment of all Nasdaq listing requirements.”
For a period of time following the “consummation of the Reorganization, and immediately following New Pubco’s intended listing on the Nasdaq, New Pubco will remain listed on the TSX.”
The company has also engaged TMX Investor Solutions Inc. to “assist with the solicitation of proxies.”
As covered, Galaxy is a global enabler of digital assets and data center infrastructure, delivering solutions “that accelerate progress in finance and artificial intelligence.”
Their digital assets platform offers institutional “access to trading, advisory, asset management, staking, self-custody, and tokenization technology.”
In addition, they invest in and operate data center infrastructure “to power AI and high-performance computing, meeting the growing demand for scalable energy and compute solutions in the U.S.”
The company is headquartered in New York City, with offices “across North America, Europe, the Middle East and Asia.”
