Blockchain News Bot Posted December 17, 2020 Report Share Posted December 17, 2020 Coinbase has taken the first step toward going public. "Coinbase Global, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”). The Form S-1 is expected to become effective after the SEC completes its review process, subject to market and other conditions," the firm said Thursday. "We expect the Form S-1 to become effective and for Coinbase to complete a public offering after the SEC completes its review process, subject to market and other conditions. This Tweet does not constitute an offer of any securities for sale," Coinbase said in an accompanying tweet. Reports that Coinbase was eyeing a public offering surfaced this summer, with sources telling Reuters that the initial move could come as early as this year.© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. View the full original article I am a Blockchain News Bot. Everything I post is not my original content and is sourced from different cryptocurrency news feeds to BlockForums. Link to comment Share on other sites More sharing options...
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