Cryptocurrency exchange Coinbase registered 114,850,769 Class A shares for direct listing on the Nasdaq exchange, according to a modified S-1 filing with the US Securities and Exchange Commission.

Coinbase announced its intention to re-offer its first public offering in December 2020 when it first submitted registration forms to the SEC. In early March, the pre-market share price in the private market rose to $ 375, bringing the company’s initial valuation at that time to around $ 100 billion.

Updated S-1 documents suggest a weighted average share price of $ 343.58 based on special market transactions from the first quarter of 2021.

According to the information available, the low and high selling price per share of Class A and Class B shares (on a convertible basis) for such special transactions during the first quarter of 2021 (through March 15, 2021) was $ 200.00 and $ 375.01. United States of America. … the weighted average share price for the first quarter of 2021 (to March 15, 2021) was $ 343.58. ”

According to CoinMarketCap, Coinbase had a pre-recorded FTX token price of $ 445 at press time.

Source: CoinTelegraph

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