IPO - Coinbase Global, Inc.

Form Type: S-3ASR

Filing Date: 2025-05-08

Corporate Action: Ipo

Type: New

Accession Number: 000167978825000091

Filing Summary: On May 8, 2025, Coinbase Global, Inc. filed a registration statement on Form S-3ASR with the SEC, indicating its intent to conduct an initial public offering (IPO) of various classes of securities, including Class A common stock, common stock, preferred stock, debt securities, and digital asset securities. The company, incorporated in Delaware, is registered as a 'well-known seasoned issuer' and may engage in the sale of securities on a delayed or continuous basis, contingent on market conditions. Selling securityholders may also utilize this prospectus to offer shares. The net proceeds from the sale of securities are expected to support general corporate purposes such as working capital, capital expenditures, and potential acquisitions. The company's Class A common stock is listed on The Nasdaq Global Select Market under the symbol 'COIN.' Investors are cautioned about the risks associated with investing in these securities and are advised to review the risk factors outlined within the prospectus and any accompanying supplements before making investment decisions.