The move paves the way for its Class A shares to begin trading on the Nasdaq this Friday, pending final approval.
The crypto asset manager, led by CEO Mike Novogratz, received SEC approval last month for its S-4 registration statement and held a shareholder vote on May 9 to support the redomiciling. The Toronto Stock Exchange, where Galaxy is currently listed, also approved the transition.
Novogratz called the development “an important milestone” in Galaxy’s journey to becoming a U.S.-based public company, reinforcing its commitment to the U.S. market and regulatory transparency.
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