- Coinbase expects shares to begin trading on Nasdaq on April 14.
- After receiving SEC’s approval for its direct listing.
- Registered over 115 million shares for its stock trading.
Coinbase expects it’s Class A common stock to begin trading on the Nasdaq Global Select Market on April 14, 2021, according to the Coinbase announcement.
Moreover, the firm announces that its Form S-1 statement filed with the Securities and Exchange Commission (SEC) declared effective on April 01, 2021. The firm has registered over 115 million shares for its stock trading, which will trade under ticker symbol COIN.
The announcement adds,
“Coinbase anticipates that its Class A common stock will begin trading on the Nasdaq Global Select Market under the ticker symbol “COIN” on April 14, 2021.”
More so, the listing will not take place through the IPO route. Instead, the firm will go public through Direct listing. Earlie...
This article was first published on coinquora.com