IPO - Galaxy Digital Inc.

Form Type: 424B4

Filing Date: 2025-05-30

Corporate Action: Ipo

Type: New

Accession Number: 000162828025028640

Filing Summary: Galaxy Digital Inc. is offering a total of 31,600,000 shares of its Class A common stock in its first underwritten public offering on the Nasdaq Global Select Market. The offering comprises 26,400,000 shares being offered by the company and an additional 5,200,000 shares from selling stockholders, including the company's Founder. As of May 29, 2025, the last reported sale price of the Class A common stock was $19.60 per share. The company will not receive any proceeds from the selling stockholders. However, all net proceeds from the 26,400,000 shares offered by Galaxy will be used to purchase units (LP Units) of Galaxy Digital Holdings LP at the public offering price minus an underwriting discount, which will facilitate the company's continued expansion in artificial intelligence and high-performance computing at its Helios data center in Texas. Following this offering, the Founder will continue to maintain significant control over the company through ownership of Class A and B common stocks. The underwriters have a 30-day option to purchase an additional 4,740,000 shares. The expected date for delivery of shares is June 3, 2025.

Form Type: S-1MEF

Filing Date: 2025-05-29

Corporate Action: Ipo

Type: New

Accession Number: 000162828025028460

Filing Summary: Galaxy Digital Inc. filed a registration statement on Form S-1MEF with the SEC on May 29, 2025, to register for an initial public offering under the Securities Act of 1933. This filing intends to increase the number of shares of Class A common stock offered by 2,990,000 shares, including an underwriter's option for 390,000 additional shares. The filing supersedes a prior registration statement (File No. 333-287604), which was approved by the SEC on the same date. Key points include the incorporation of contents from the prior statement, provisions for delayed sales, and the listing of required consents and opinions from legal and accounting experts. The registration aims to comply with Rule 462(b), facilitating the offering of shares that represent up to 20% of the maximum offering price detailed in the previous filing. The document confirms Galaxy Digital's status as a smaller reporting company and notes the effectiveness of the registration upon filing.