Coinbase Files Shelf Registration Statement with the SEC
Coinbase announced that it has filed a Shelf Registration Statement with the Securities and Exchange Commission (SEC), which is intended to be used for potential anticipated offerings, which may include the sale of new securities for general corporate purposes. Coinbase has indicated that it has no immediate plans to issue securities and is filing the statement to be able to issue and sell securities in the future. The Statement provides increased flexibility and positions Coinbase to prospectively access the capital markets quickly and efficiently when needed or when market conditions are optimal.