SEC Approves Galaxy Digital Reorganization

Galaxy Digital Nears Nasdaq Listing After SEC Approval

• Galaxy Digital Holdings Ltd. plans to list on Nasdaq under the ticker “GLXY.”
• The U.S. SEC approved Galaxy’s registration change from the Cayman Islands to Delaware.
• A shareholder vote is scheduled for May 9, which is crucial for the listing process.
• CEO Mike Novogratz will retain nearly 60% of voting power post-reorganization.
• The company will maintain dual listings on Nasdaq and the Toronto Stock Exchange temporarily.

Following SEC approval, Galaxy Digital is set to finalize its reorganization and transition its base to Delaware, with a shareholder vote on May 9 being a key step towards its anticipated Nasdaq listing.