NASDAQ:COIN

Coinbase Commences Cash Tender Offer for Up to $150.0 Million Aggregate Purchase Price of its Outstanding 3.625% Senior Notes Due 2031

Retrieved on: 
Monday, August 7, 2023

The amount of Notes that may be purchased in the Tender Offer is subject to a maximum purchase price of $150.0 million (the “Maximum Tender Amount”).

Key Points: 
  • The amount of Notes that may be purchased in the Tender Offer is subject to a maximum purchase price of $150.0 million (the “Maximum Tender Amount”).
  • Tendered Notes may be subject to proration if the aggregate purchase price of Notes validly tendered and not validly withdrawn in the Tender Offer exceeds the Maximum Tender Amount.
  • Full details of the terms and conditions of the Tender Offer are included in the Company’s offer to purchase, dated August 7, 2023 (the “Offer to Purchase”).
  • Please refer to the Offer to Purchase for a description of the offer terms, conditions, disclaimers and other information applicable to the Tender Offer.

Coinbase Releases Second Quarter 2023 Shareholder Letter

Retrieved on: 
Thursday, August 3, 2023

Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today the release of its second quarter 2023 shareholder letter.

Key Points: 
  • Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today the release of its second quarter 2023 shareholder letter.
  • The letter, including the Company’s financial results, can be found on its Investor Relations website at investor.coinbase.com .
  • The Company will hold a question and answer session to discuss its second quarter 2023 financial results on Thursday, August 3, 2023 at 2:30 p.m. PT.
  • Following the call, a replay of the call, as well as a transcript, will be available on the same website.

Coinbase to Participate in the Oppenheimer 26th Annual Technology, Internet & Communications Conference

Retrieved on: 
Thursday, August 3, 2023

Coinbase Global, Inc. announced today that Alesia Haas, Chief Financial Officer, will participate in a fireside chat at the Oppenheimer 26th Annual Technology, Internet & Communications Conference on Wednesday, August 9, 2023 at 2:55 pm ET / 11:55 am PT.

Key Points: 
  • Coinbase Global, Inc. announced today that Alesia Haas, Chief Financial Officer, will participate in a fireside chat at the Oppenheimer 26th Annual Technology, Internet & Communications Conference on Wednesday, August 9, 2023 at 2:55 pm ET / 11:55 am PT.
  • Coinbase uses the investor.coinbase.com and blog.coinbase.com websites, as well as press releases, public conference calls, public webcasts, our Twitter feed (@coinbase), our Facebook page, our LinkedIn page, our YouTube channel, and Brian Armstrong’s Twitter feed (@brian_armstrong) as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.

Bragar Eagel & Squire, P.C. Is Investigating Castle, Coinbase, Arrival, and BeiGene and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, July 17, 2023

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Additional information about each case can be found at the link provided.
  • Castle is a commercial-stage diagnostics company, focused on providing diagnostic and prognostic testing services for dermatological cancers and mental health conditions.
  • The next day, BeiGene ADS’ declined by as much as $5.3, or 2.65%, in intraday trading.

Coinbase Announces Date of Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, July 13, 2023

Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today that it will publish its second quarter 2023 shareholder letter, including financial results, on its Investor Relations website at investor.coinbase.com on Thursday, August 3, 2023, after market close.

Key Points: 
  • Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today that it will publish its second quarter 2023 shareholder letter, including financial results, on its Investor Relations website at investor.coinbase.com on Thursday, August 3, 2023, after market close.
  • The Company will hold a question and answer session to discuss its financial results at 2:30 p.m. PT that same day.
  • Starting on July 27 at 9:00 a.m. PT, all shareholders will be able to submit and upvote questions for Coinbase management by visiting here .
  • Following the call, a replay of the call, as well as a transcript, will be available on the same website.

Bragar Eagel & Squire, P.C. Is Investigating Techtronic, Boxed, Coinbase, and Harmony and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, June 20, 2023

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Additional information about each case can be found at the link provided.
  • The report also accused the company of ignoring its own accounting policy on bad debt provisions to delay expenses.
  • On this news, Boxed’s stock price fell $0.21 per share, or 48.25%, to close at $0.2199 per share on March 15, 2023.

Coinbase Announces Repurchase of 0.50% Convertible Senior Notes Due 2026

Retrieved on: 
Thursday, June 15, 2023

On June 14, 2023, Coinbase Global, Inc. (the “Company” or “Coinbase”) entered into separate, privately negotiated purchase agreements with a limited number of holders of its 0.50% Convertible Senior Notes due 2026 (the “Notes”) to repurchase (the “Repurchases”) $64.5 million aggregate principal amount of the Notes.

Key Points: 
  • On June 14, 2023, Coinbase Global, Inc. (the “Company” or “Coinbase”) entered into separate, privately negotiated purchase agreements with a limited number of holders of its 0.50% Convertible Senior Notes due 2026 (the “Notes”) to repurchase (the “Repurchases”) $64.5 million aggregate principal amount of the Notes.
  • The Company previously entered into capped call transactions with certain financial institutions in connection with the initial issuance of the Notes.
  • The Repurchases are expected to close on or about June 20, 2023, subject to the satisfaction of customary closing conditions.
  • “We are always looking for the best opportunities to deploy capital to create shareholder value,” said Alesia Haas, Chief Financial Officer of Coinbase.

Hach Rose Schirripa & Cheverie, LLP Announce Investigation into Coinbase Global, Inc.

Retrieved on: 
Monday, June 12, 2023

NEW YORK, June 12, 2023 /PRNewswire/ -- Hach Rose Schirripa & Cheverie, LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of law by certain officers and directors at Coinbase Global, Inc. (NQGS: COIN) ("Coinbase" or the "Company").

Key Points: 
  • NEW YORK, June 12, 2023 /PRNewswire/ -- Hach Rose Schirripa & Cheverie, LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of law by certain officers and directors at Coinbase Global, Inc. (NQGS: COIN) ("Coinbase" or the "Company").
  • Coinbase, Inc. was founded in 2012, and in April 2014, became a wholly-owned subsidiary of Coinbase Global, Inc. in connection with a corporate reorganization.
  • Hach Rose Schirripa & Cheverie LLP's investigation is focused on whether Coinbase's operation of its Coinbase Platform caused the Company to carry out an unlawful business plan in violation of positive law.
  • Hach Rose Schirripa & Cheverie, LLP specializes in the fields of securities, corporate governance and consumer protection litigation.

Coinbase to Participate in the Piper Sandler Global Exchange & FinTech Conference

Retrieved on: 
Tuesday, June 6, 2023

Coinbase Global, Inc. announced today that Brian Armstrong, Co-Founder and CEO, will participate in a fireside chat at the Piper Sandler Global Exchange & FinTech Conference on Wednesday, June 7, 2023 at 5:00 pm ET / 2:00 pm PT.

Key Points: 
  • Coinbase Global, Inc. announced today that Brian Armstrong, Co-Founder and CEO, will participate in a fireside chat at the Piper Sandler Global Exchange & FinTech Conference on Wednesday, June 7, 2023 at 5:00 pm ET / 2:00 pm PT.
  • Coinbase uses the investor.coinbase.com and blog.coinbase.com websites, as well as press releases, public conference calls, public webcasts, our Twitter feed (@coinbase), our Facebook page, our LinkedIn page, our YouTube channel, and Brian Armstrong’s Twitter feed (@brian_armstrong) as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.

Coinbase to Participate in the Morgan Stanley US Financials, Payments, and CRE Conference

Retrieved on: 
Monday, June 5, 2023

Coinbase Global, Inc. announced today that Paul Grewal, Chief Legal Officer, will participate in a fireside chat at the Morgan Stanley US Financials, Payments, and CRE Conference on Monday, June 12, 2023 at 10:15 am ET / 7:15 am PT.

Key Points: 
  • Coinbase Global, Inc. announced today that Paul Grewal, Chief Legal Officer, will participate in a fireside chat at the Morgan Stanley US Financials, Payments, and CRE Conference on Monday, June 12, 2023 at 10:15 am ET / 7:15 am PT.
  • Coinbase uses the investor.coinbase.com and blog.coinbase.com websites, as well as press releases, public conference calls, public webcasts, our Twitter feed (@coinbase), our Facebook page, our LinkedIn page, our YouTube channel, and Brian Armstrong’s Twitter feed (@brian_armstrong) as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.