.BitGo shareholders will now own 12% of GalaxyDigitalHQ after their merger as the companies revise terms of the deal. mikeybellusci reports.
Galaxy Digital CEO Mike Novogratz
The news comes as Galaxy awaits Securities and Exchange Commission approval of its plan to reorganize as a Delaware-based company and then list its shares on the Nasdaq exchange. The purchase will close immediately after the SEC approves Galaxy’s plan to domesticate as a Delaware corporation, which the company expects will happen at some point this year. Galaxy also reiterated its plans to list on the Nasdaq once the SEC review is complete.
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