Corporate ActionMay 8, 2026, 05:07 PM
Galaxy Digital Establishes $500M ATM Equity Offering Program
AI Summary
Galaxy Digital Inc. has entered into an Open Market Sale Agreement with Jefferies LLC, BNY Mellon Capital Markets, LLC, and UBS Securities LLC to establish an At-The-Market (ATM) equity offering program. Under this program, the company may sell up to an aggregate of $500,000,000 of its Class A common stock. The net proceeds from any sales are intended to support the continued expansion of its Data Centers business and for general corporate purposes, providing future flexibility to access equity capital markets.
Key Highlights
- Galaxy Digital established an At-The-Market (ATM) equity offering program.
- The company may sell up to $500,000,000 of Class A common stock.
- Jefferies LLC, BNY Mellon Capital Markets, LLC, and UBS Securities LLC will act as agents.
- Agents will receive a commission of up to 3.0% of the gross proceeds from sales.
- Proceeds will support the expansion of its Data Centers business and general corporate purposes.