NEW YORK, Dec. 10, 2019 /CNW/ - Galaxy Digital Holdings
Ltd. (TSXV: GLXY) ("Galaxy Digital" or the "Company") today
announced that Galaxy Digital Advisors LLC served as joint
bookrunner on Canaan Inc.'s initial public offering of 10,000,000
American depositary shares ("ADSs"), each representing 15 Class A
ordinary shares, at a public offering price of $9.00 per share. Canaan's ADSs trade under the trading symbol
"CAN" on the NASDAQ Global Market. The offering priced on
November 20, 2019.
"Advising Canaan on its debut
on the NASDAQ is another example of our growing capital markets
franchise in blockchain and digital assets, and demonstrates the
value that our expertise can bring to companies in the space as
they engage with investors in traditional markets," said
Ian Taylor, Head of Advisory
Services at Galaxy Digital. "We are dedicated to continuing to
improve investor understanding of this sector, and to supporting
our clients in achieving their financing and strategic
objectives."
About Galaxy Digital
Galaxy Digital is a diversified, multi-service merchant bank
dedicated to the digital assets and blockchain technology industry.
Galaxy Digital's team has extensive experience spanning investing,
portfolio management, capital markets, operations, asset
management, and blockchain technology. Galaxy Digital currently
operates four distinct business lines, which include: Trading,
Asset Management, Principal Investments and Advisory Services.
Galaxy Digital's CEO and Founder is Michael
Novogratz. The Company is headquartered in New York City, with offices in San Francisco, London, Tokyo, Hong
Kong, the Cayman Islands
(registered office) and New
Jersey. Additional information about the Company's
businesses and products is available on www.galaxydigital.io.
Disclaimers
TSX Venture Exchange ("TSXV") has neither approved nor
disapproved the contents of this press release. Neither the TSXV
nor its Regulation Services Provider (as that term is defined in
the policies of the TSXV) accepts responsibility for the adequacy
or accuracy of this release.
Security products and services are offered by Galaxy Digital
Advisors LLC, a member of FINRA and SIPC.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any of the securities described
herein, nor shall there be any sale of these securities in any
state or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction. Copies of
the prospectus may be obtained by contacting Citigroup Global
Markets Inc. at 388 Greenwich Street, New York,
NY 10013, United States, China Renaissance Securities
(Hong Kong) Limited at Units
8107-08, Level 81, International Commerce Centre, 1 Austin Road
West, Kowloon, Hong Kong, CMB
International Capital Limited at 45F, Champion Tower, 3 Garden
Road, Central, Hong Kong, or by telephone at
+852-3761-8975.
All figures are in U.S. Dollars unless otherwise noted.
SOURCE Galaxy Digital Holdings Ltd