Crypto asset manager Grayscale submits S-1 filing for US IPO
Grayscale Investment has filed for an Initial Public Offering (IPO) with the United States (US) Securities and Exchange Commission (SEC), joining other industry players that are accelerating their presence in the country’s equity markets.
Grayscale submits S-1 filing for US IPO
Grayscale submitted an S-1 filing with the SEC on Thursday to pursue an IPO of its common stock. The company stated that the offering will result in two classes of common stock: Class A with, with one vote per share and economic rights, and Class B, with an aggregate percentage of voting power.
The number of shares to be registered and the proposed price range, if the offering is yet to be determined. Grayscale added that the offering will commence following SEC…
