Coinbase Files for Resale of 114 Million Class A Stocks
According to the official document released by the U.S. Securities and Exchange Commission, Coinbase Inc. registered 114 million Class A shares for its public offering.
Coinbase registers 114 million Class A shares: SEC
On March 17, 2021, Coinbase Global, Inc., the company behind the Coinbase cryptocurrencies exchange filled with SEC for the public offering of its Class A shares.
The document shows that the net number of shares Coinbase is going to offer is 114,850,769. Meanwhile, the proposed maximum aggregate offering price is $943,218,155.
It is interesting that the company has mentioned mysterious Bitcoin (BTC) inventor Satoshi Nakamoto in this document. His name and Bitcoin (BTC) address, 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa, are stated in the "Copies" list.
Alex DovbnyaAs covered by U.Today previously, Coinbase filed with the SEC for the first time for its public offering in December 2020.
Long road to IPO
Then, in February 2021, the company submitted the S-1 form to the SEC. It was the official confirmation of the giant's IPO ambitions and the first document in which Satoshi Nakamoto was mentioned as a "designated recipient."
Coinbase stocks will be available under the "COIN" ticker.
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