IPO - Exodus Movement, Inc.

Form Type: S-3

Filing Date: 2025-05-27

Corporate Action: Ipo

Type: New

Accession Number: 000119312525127565

Filing Summary: Exodus Movement, Inc. has filed a registration statement on Form S-3 with the SEC, indicating plans to issue new securities, including up to $1,000,000,000 of Class A common stock and other securities like preferred stock, debt securities, or warrants. This prospectus allows for delayed or continuous offerings by the company or selling stockholders comprising approximately 1,500,000 shares of Class A common stock. The registration is characterized as a 'shelf' registration, enabling Exodus to offer any combination of the mentioned securities. The company is classified as a non-accelerated and smaller reporting company, and it emphasizes the high risks associated with investing in these securities. The company's shares are listed on the NYSE American under the symbol 'EXOD.' Upcoming offerings will come with specific details provided in prospectus supplements, and proceeds from offerings will be for general corporate purposes without intended dividends in the foreseeable future.

Form Type: DRS

Filing Date: 2025-05-12

Corporate Action: Ipo

Type: New

Accession Number: 000095012325004683

Filing Summary: On May 12, 2025, Exodus Movement, Inc. filed a confidential registration statement on Form S-3 with the U.S. Securities and Exchange Commission, indicating a proposed sale of up to $1 billion in various securities including Class A common stock, preferred stock, debt securities, warrants, and units. The filing allows for the possibility of selling 1.5 million shares of Class A common stock by selling stockholders. The company's stock trades on the NYSE American under the ticker 'EXOD'. As of May 8, 2025, the last reported sale price was $42.49 per share. The company incorporated in Delaware and operates as a remote-first organization, with a mission to empower users to control their digital assets independently. This can be regarded as an Initial Public Offering (IPO) as this is the registration of securities intended for public investment. The document emphasizes risks associated with investments, stating that investment involves significant risk and highlights the uncertainties surrounding future financial performance and business plans.