Coinbase Global, Inc. today announced its intention to become a listed company based on its proposed direct issuance of Class A ordinary shares. It is expected that the proposed listing will be based on the US Securities and Exchange Commission (SEC) registration statement on Form S-1. Coinbase Global, Inc. previously announced on December 17, 2020 that it had secretly submitted a draft registration statement on Form S-1 to the SEC. The S-1 form is expected to take effect after the SEC completes the review process based on market and other conditions.
This announcement does not constitute an offer to sell or solicit an offer to purchase any securities. Any offer, invitation or offer to purchase or any sale of securities will be made in accordance with the registration requirements of the Securities Act of 1933 (“Securities Act”) as amended. This announcement is issued in accordance with Article 135 of the Securities Law.
Investor relations: IR@coinbase.com
Coinbase announced that the proposed direct listing was originally published on the Coinbase blog on Medium, and people continued the conversation by highlighting and responding to the story.