/NOT FOR DISTRIBUTION IN
The Underwriter's option to purchase additional Ordinary Shares from certain Selling Shareholders at the Offering Price, to cover over-allotments, if any, and for market-stabilizations purposes, has been upsized to 1,815,000 Ordinary Shares (the "Over-Allotment Option").
The Offering is expected to close on or about
The Offering will be made by way of a prospectus supplement to the Company's short form base shelf prospectus dated
The net proceeds of the Offering to the Company will be used for working capital and general corporate purposes. The Company will not receive any proceeds from the sale of Ordinary Shares in connection with the Over-Allotment-Option.
The securities under the Offering have not been, and will not be, registered under the
The Prospectus Supplement will be filed on SEDAR+ at www.sedarplus.ca on or before
About Galaxy
Galaxy (TSX:GLXY) is a digital asset and blockchain leader providing access to the growing digital economy. We serve a diversified client base, including institutions, startups, and qualified individuals. Since 2018, Galaxy has been building a holistic financial platform spanning three complementary operation businesses: Global Markets, Asset Management, and Digital Infrastructure Solutions. Our offerings include, amongst others, trading, lending, strategic advisory services, institutional-grade investment solutions, proprietary bitcoin mining and hosting services, network validator services and the development of enterprise custodial technology. The Company is headquartered in
Additional information about Galaxy's businesses and product is available on www.galaxy.com
Disclaimers and Additional Information
The TSX has neither approved nor disapproved the contents of this press release.
CAUTION ABOUT FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively referred to herein as "forward-looking statements"). These forward-looking statements relate to the timing and completion of the Offering, the exercise of the Over-Allotment Option, the anticipated use of proceeds, filing the Prospectus Supplement and the success of our operations. All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "budget", "scheduled", "estimates", "continues", "forecasts", "projects", "predicts", "intends", "anticipates" or "believes", "seeks" or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved. The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us taking into account information currently available to us. There can be no assurance that future developments affecting us will be those that we have anticipated. Forward-looking statements involve known and unknown risks uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. Inherent in forward-looking statements are risks, uncertainties and other factors beyond the Company's ability to predict or control. The forward-looking statements are subject to the risk of a decline in the digital asset market or general economic conditions and changes in applicable law or regulation. They are also subject to the risks described in the Risk Factors section of the Company's Annual Information Form dated
SOURCE
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