Coinbase Global, Inc. Reports Prospectus Supplement for Share Resale
Summary
not disclosed. • Item 8.01: On August 15, 2025, Coinbase Global, Inc. filed a prospectus supplement to register for resale up to 10,997,856 shares of Class A Common Stock by selling stockholders, satisfying registration rights from a Share Purchase Agreement. • Item 9.01: Exhibits include an opinion of counsel (Ex. 5.1) and consent (Ex. 23.1) from Fenwick & West LLP, and the Inline XBRL cover page (Ex. 104).
Why It Matters
The filing of a prospectus supplement to register nearly 11 million Class A Common Stock shares for resale by selling stockholders is material as it could increase the supply of shares in the market, potentially impacting the company's stock valuation.
Key Quote
“("Sentillia"), the Sentillia Shareholders listed on Exhibit B thereto and Shareholder Representative Services LLC as the shareholders' agent.”
— From Item 8.01
Filing Details
Reported Items
Additional Information
- CIK Number
- 0001679788
- Filing Date
- Friday, August 15, 2025
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- medium
- Sentiment
- neutral