Mike Novogratz’s Galaxy Digital gets a SEC Nod for the NASDAQ list

The artificial intelligence and crypto investment firm Galaxy Digital were given a nod from the US Securities and Exchange Commission to list at the Nasdaq Stock Exchange.

The company, listed in the Toronto Stock Exchange (TSX), is planning to move its home base from the Cayman Islands to Delaware, According to In an April 7 statement from Galaxy, TSX’s pending shareholder and approved.

“Our registration statement is effective today in the SEC. We are on the track to list in Nasdaq shortly after our shareholder vote on May 9, completing our re -arrangement. Let’s go!” CEO of Galaxy Michael Novogratz Says In an April 7 statement to X.

Galaxy expects the list to NASDAQ under the ticker symbol Glxy Shortly after the vote, along with the transfer to complete mid -May, contingent at the meeting NASDAQ list requirements.

Galaxy selects Delaware for the desired corporate environment

In the SEC Form S-4, first filed on March 27, Galaxy Says It chose the Delaware for Relocation because it would provide “a desirable corporate environment,” which will help “compete more effectively with other companies that have been publicly exchanged.”