GLXY on Nasdaq
Galaxy Digital Inc.
Global financial services and infrastructure company focused on digital assets and HPC1
In its 2026 annual report the company says: “We also develop, and will in the future operate, HPC data center infrastructure to meet the rising global demand for reliable power and scalable compute capacity driven by accelerated AI growth.”6 It is headquartered in New York, New York.1 Its shares trade on Nasdaq under the symbol GLXY.1
$17.21 up 1.45 (9.20%)Price as of Oct 21, 2026 at 18:59 UTC
Last updated Oct 21, 2026.
Overview
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- TickerGLXY on Nasdaq1
- IndustrySecurity Brokers, Dealers & Flotation Companies1
- HeadquartersNew York, New York1
- Incorporated inDE4
- Business address300 Vesey Street, 13Th Floor, New York, Ny 102824
- Filer categoryNon-accelerated filer4
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Galaxy is a global financial services and infrastructure company focused on digital assets and HPC. We aim to facilitate efficient access and adoption of digital assets by institutional clients through our Global Markets and Asset Management & Infrastructure Solutions businesses within our Digital Assets segment. We also develop, and will in the future operate, HPC data center infrastructure to meet the rising global demand for reliable power and scalable compute capacity driven by accelerated AI growth.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Digital Assets Sales brought in 99% of the revenue Galaxy Digital Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Digital Assets Sales | $51.5B | $42.2B | $59.9B |
| Blockchain Rewards | $5.7M | $180.8M | $219.9M |
| Fee | $50.8M | $103.2M | $158.6M |
| Proprietary Mining | $33.1M | $63.3M | $14.5M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs100¢$60.2B
- Income tax0¢$29.3M
Out of $60.2B in revenue.3 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenues | $60.4B | $42.6B | $51.6B |
| Gains / (losses) from operations | $948.9M | $1.2B | $582.9M |
| Revenues and gains / (losses) from operations | $61.4B | $43.8B | $52.2B |
| Transaction expenses | $60.2B | $42.4B | $51.5B |
| Impairment of digital assets | $753.7M | $331.9M | $98.3M |
| Compensation and benefits | $299.9M | $265.6M | $219.3M |
| General and administrative | $182.9M | $279.3M | $58.4M |
| Technology | $46.9M | $30.5M | $20.1M |
| Professional fees | $75.0M | $51.1M | $38.1M |
| Notes interest expense | $59.2M | $30.8M | $27.3M |
| Total operating expenses | $61.6B | $43.4B | $52.0B |
| Unrealized gain / (loss) on notes payable - derivative | -$35.5M | -$31.7M | -$9.6M |
| Other income / (expense), net | $2.7M | $2.8M | -$135.0K |
| Total other income / (expense) | -$32.8M | -$29.0M | -$9.7M |
| Net income / (loss) before taxes | -$270.7M | $329.8M | $244.4M |
| Income taxes expense / (benefit) | -$29.3M | -$16.9M | $15.9M |
| Net income / (loss) | -$241.3M | $346.7M | $228.5M |
| Change in fair value of cash flow hedges | $0 | ||
| Other comprehensive income (loss) | -$4.5M | $0 | $0 |
| Comprehensive income (loss) | -$245.9M | $346.7M | $228.5M |
| Class B Unit holders of GDH LP | -$204.7M | $230.5M | $152.7M |
| Noncontrolling interests | $45.8M | $0 | $0 |
| Class A common stockholders of the Company | -$86.9M | $116.3M | |
| Net income (loss) used in calculation of net income / (loss) per share of Class A common stock | $75.9M | ||
| Basic (in shares) | 159.2M shares | 120.8M shares | 105.7M shares |
| Diluted (in shares) | 366.5M shares | 356.7M shares | 326.0M shares |
| Income / (loss) for the period | -$241.3M | $346.7M | $228.5M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $1.2B | $462.1M | ||
| Digital intangible assets (includes $2,717.4 and $1,997.4 million measured at fair value) | $3.5B | $2.5B | ||
| Digital financial assets | $988.6M | $359.7M | ||
| Digital asset loans receivable, net of allowance | $1.1B | $579.5M | ||
| Investments | $709.1M | $834.8M | ||
| Assets posted as collateral, net of allowance | $200.0M | $277.1M | ||
| Derivative assets | $83.8M | $207.7M | ||
| Digital assets receivable | $3.8M | $53.6M | ||
| Loans receivable, net of allowance | $554.4M | $476.6M | ||
| Prepaid expenses and other assets | $99.7M | $26.9M | ||
| Total current assets | $8.5B | $5.9B | ||
| Digital assets receivable | $4.7M | $7.1M | ||
| Digital asset loans receivable, net of allowance, non-current | $8.9M | $0 | ||
| Investments (includes $864.0 and $745.5 million measured at fair value) | $1.0B | $808.7M | ||
| Digital intangible assets | $26.8M | $21.0M | ||
| Loans receivable, net of allowance, non-current | $2.6M | $0 | ||
| Property and equipment, net | $1.4B | $237.0M | ||
| Other non-current assets | $276.3M | $107.1M | ||
| Goodwill | $66.5M | $58.0M | $44.3M | |
| Total non-current assets | $2.8B | $1.2B | ||
| Total assets | $11.3B | $7.1B | ||
| Derivative liabilities | $40.5M | $165.9M | ||
| Accounts payable and accrued liabilities (includes $0.0 and $96.9 million due to related parties) | $277.7M | $281.5M | ||
| Digital assets borrowed | $2.4B | $1.5B | ||
| Payable to customers | $85.8M | $19.5M | ||
| Loans payable | $52.6M | $510.7M | ||
| Collateral payable | $2.0B | $1.4B | ||
| Notes payable - current | $428.5M | $0 | ||
| Other current liabilities | $85.1M | $13.0M | ||
| Total current liabilities | $5.3B | $3.9B | ||
| Notes payable | $2.4B | $845.2M | ||
| Digital assets borrowed, non-current | $56.1M | $0 | ||
| Other non-current liabilities (includes $72.3 and $0.0 million due to related parties) | $513.2M | $192.4M | ||
| Total non-current liabilities | $3.0B | $1.0B | ||
| Total liabilities | $8.3B | $4.9B | ||
| GDH LP Unit Holders | $0 | $2.2B | ||
| Additional Paid in Capital | $1.6B | $0 | ||
| Accumulated other comprehensive income (loss) | -$2.0M | $0 | ||
| Retained Earnings | $342.9M | $0 | ||
| Total stockholders equity | $2.0B | $2.2B | ||
| Noncontrolling interest | $1.1B | $0 | ||
| Total equity | $3.0B | $2.2B | $1.7B | $1.4B |
| Total liabilities and equity | $11.3B | $7.1B | ||
| Digital intangible asset, fair value | $2.7B | $2.0B | ||
| Due from related parties | $34.0M | $55.3M | ||
| Fair value | $864.0M | $745.5M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $1.2B | $462.1M | ||
| Digital intangible assets (includes $2,717.4 and $1,997.4 million measured at fair value) | $3.5B | $2.5B | ||
| Digital financial assets | $988.6M | $359.7M | ||
| Digital asset loans receivable, net of allowance | $1.1B | $579.5M | ||
| Investments | $709.1M | $834.8M | ||
| Assets posted as collateral, net of allowance | $200.0M | $277.1M | ||
| Derivative assets | $83.8M | $207.7M | ||
| Digital assets receivable | $3.8M | $53.6M | ||
| Loans receivable, net of allowance | $554.4M | $476.6M | ||
| Prepaid expenses and other assets | $99.7M | $26.9M | ||
| Total current assets | $8.5B | $5.9B | ||
| Digital assets receivable | $4.7M | $7.1M | ||
| Digital asset loans receivable, net of allowance, non-current | $8.9M | $0 | ||
| Investments (includes $864.0 and $745.5 million measured at fair value) | $1.0B | $808.7M | ||
| Digital intangible assets | $26.8M | $21.0M | ||
| Loans receivable, net of allowance, non-current | $2.6M | $0 | ||
| Property and equipment, net | $1.4B | $237.0M | ||
| Other non-current assets | $276.3M | $107.1M | ||
| Goodwill | $66.5M | $58.0M | $44.3M | |
| Total non-current assets | $2.8B | $1.2B | ||
| Total assets | $11.3B | $7.1B | ||
| Derivative liabilities | $40.5M | $165.9M | ||
| Accounts payable and accrued liabilities (includes $0.0 and $96.9 million due to related parties) | $277.7M | $281.5M | ||
| Digital assets borrowed | $2.4B | $1.5B | ||
| Payable to customers | $85.8M | $19.5M | ||
| Loans payable | $52.6M | $510.7M | ||
| Collateral payable | $2.0B | $1.4B | ||
| Notes payable - current | $428.5M | $0 | ||
| Other current liabilities | $85.1M | $13.0M | ||
| Total current liabilities | $5.3B | $3.9B | ||
| Notes payable | $2.4B | $845.2M | ||
| Digital assets borrowed, non-current | $56.1M | $0 | ||
| Other non-current liabilities (includes $72.3 and $0.0 million due to related parties) | $513.2M | $192.4M | ||
| Total non-current liabilities | $3.0B | $1.0B | ||
| Total liabilities | $8.3B | $4.9B | ||
| GDH LP Unit Holders | $0 | $2.2B | ||
| Additional Paid in Capital | $1.6B | $0 | ||
| Accumulated other comprehensive income (loss) | -$2.0M | $0 | ||
| Retained Earnings | $342.9M | $0 | ||
| Total stockholders equity | $2.0B | $2.2B | ||
| Noncontrolling interest | $1.1B | $0 | ||
| Total equity | $3.0B | $2.2B | $1.7B | $1.4B |
| Total liabilities and equity | $11.3B | $7.1B | ||
| Digital intangible asset, fair value | $2.7B | $2.0B | ||
| Due from related parties | $34.0M | $55.3M | ||
| Fair value | $864.0M | $745.5M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Income / (loss) for the year | -$241.3M | $346.7M | $228.5M |
| Digital assets sales revenue | -$20.5B | -$11.2B | -$24.5B |
| Digital assets sales cost | $20.2B | $11.3B | $24.5B |
| Impairment of digital assets | $257.0M | $89.8M | $46.8M |
| Provision for credit losses | -$2.6M | $3.6M | $0 |
| Depreciation and amortization | $34.1M | $46.9M | $22.9M |
| Other impairment loss | $87.3M | $101.0K | $0 |
| Equity based compensation | $53.6M | $74.9M | $81.7M |
| Noncash management fee | -$56.9M | $0 | $0 |
| Noncash borrowing costs | $129.3M | $70.5M | $8.2M |
| Noncash interest and net staking income | -$127.1M | -$100.5M | -$24.9M |
| Net realized loss on disposal | $0 | $0 | $2.1M |
| Net (gains) / losses from operations | -$948.9M | -$1.2B | -$582.9M |
| Net unrealized (gain) / loss on notes payablederivative | $35.5M | $31.7M | $9.6M |
| Noncash notes interest expense | $35.7M | $17.5M | $13.9M |
| Taxes | $41.1M | -$8.4M | $2.5M |
| Other noncash adjustments | $698.0K | $682.0K | $390.0K |
| Digital assets | $434.7M | $153.2M | $148.3M |
| Digital assets receivable | $490.0K | $33.0K | -$2.6M |
| Investments | -$60.2M | $0 | $0 |
| Derivative assets / liabilities | $323.0M | $238.9M | $122.4M |
| Accounts receivable | $24.7M | $3.5M | $8.0M |
| Prepaid expenses and other assets | -$73.4M | $10.0M | -$8.5M |
| Other non-current assets | -$186.4M | $0 | $2.0M |
| Collateral receivable / payable | -$56.4M | $65.7M | -$48.8M |
| Accounts payable and accrued liabilities | $17.9M | $91.5M | $18.2M |
| Other current liabilities | $16.2M | -$422.2M | -$13.2M |
| Other non-current liabilities | $235.3M | $127.4M | -$4.5M |
| Net cash provided by / (used in) operating activities | -$316.6M | -$205.1M | -$4.1M |
| Proceeds from repayments and maturities of loans receivable | $554.4M | $200.7M | $66.7M |
| Origination of loans receivable | -$650.9M | -$279.1M | -$279.8M |
| Purchase of property, equipment and intangible assets | -$1.2B | -$59.0M | -$45.6M |
| Acquisitions, net of cash received | -$7.8M | -$5.1M | -$43.9M |
| Disposal of property and equipment | $11.3M | $3.0M | $653.0K |
| Purchase of investments | -$2.6B | -$3.3B | -$192.3M |
| Proceeds and distributions from investments | $2.6B | $2.9B | $209.5M |
| Net cash provided by / (used in) investing activities | -$1.3B | -$521.6M | -$284.8M |
| Payable to customers | -$17.1M | $16.1M | -$6.1M |
| Proceeds from loans payable | $380.3M | $315.5M | $117.2M |
| Repayments of loans payable | -$509.4M | -$228.6M | -$25.7M |
| Margin loans payable, net | -$311.5M | $330.7M | $0 |
| Proceeds from notes payable, net of issuance costs | $2.1B | $388.9M | $0 |
| Share issuance, net of costs | $851.2M | $125.4M | $11.1M |
| Distributions | -$49.3M | -$55.3M | -$22.4M |
| Cancellation of Class A Units withheld | -$51.4M | -$20.5M | -$10.7M |
| Net cash provided by / (used in) financing activities | $2.4B | $872.2M | $63.4M |
| Net increase / (decrease) in cash and cash equivalents | $784.1M | $145.5M | -$225.5M |
| Interest | $53.3M | $51.1M | $23.3M |
| Taxes | $5.8M | $8.6M | $9.3M |
| Digital assets loan receivable, net of allowance | $522.1M | $475.4M | $54.5M |
| Payables to customers - digital assets | $83.4M | $0 | $0 |
| Assets posted as collateral | $78.4M | $37.6M | $291.0M |
| Digital assets borrowed | $919.7M | $1.1B | $227.7M |
| Collateral payable | $636.2M | $754.7M | $496.5M |
| Purchase of investments with noncash contributions | $374.3M | $13.4M | $3.4M |
| Payable for investments purchased | $0 | $3.4M | $0 |
| Proceeds from investments included in receivables | $70.0K | $218.0K | $150.0K |
| Proceeds from investments received as non-cash contributions | $320.6M | $142.9M | $2.0M |
| Additions to property, plant and equipment and intangible assets | $116.8M | $160.0K | $11.7M |
| Disposals of property, plant and equipment and intangible assets | $1.2M | $0 | $0 |
| Reclassification between digital assets receivable and investments | $2.2M | $389.0K | $18.8M |
| Origination of loans receivable with noncash consideration | $0 | $10.8M | $10.7M |
| Receivable for repayment of loans receivable | $1.2M | $0 | $0 |
| Repayment of loans receivable with non-cash considerations | $17.5M | $0 | $0 |
| Repayments of loans payable with non-cash consideration | $17.5M | $0 | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
Galaxy Digital Inc. sits at the top of its group. 25 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Galaxy Digital Inc.
- FMR LLC Filed SCHEDULE 13G/A on Galaxy Digital Inc., latest Aug 6, 2026 (4 filings since Jun 6, 2025)
- JANE STREET GROUP, LLC Filed SCHEDULE 13G on Galaxy Digital Inc., latest Jun 24, 2026
- VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Galaxy Digital Inc., latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Galaxy Digital Inc., latest Mar 26, 2026 (3 filings since Jul 29, 2025)
- Capital Research Global Investors Filed SCHEDULE 13G on Galaxy Digital Inc., latest Feb 12, 2026
- Michael Novogratz Filed SCHEDULE 13G/A on Galaxy Digital Inc., latest Feb 6, 2026 (2 filings since Aug 5, 2025)
- Galaxy Digital Inc. New York, New York
- Galaxy Bahamas Ltd. Subsidiary · Bahamas
- Galaxy DBL, LLC Subsidiary · Delaware, United States
- Galaxy Derivatives LLC Subsidiary · Delaware, United States
- Galaxy Digital Capital Management LP Subsidiary · Cayman Islands
- Galaxy Digital Holdings LP Subsidiary · Delaware, United States
- Galaxy Digital Labs LLC Subsidiary · Delaware, United States
- Galaxy Digital Mining LLC Subsidiary · Delaware, United States
- Galaxy Digital Partners LLC Subsidiary · New York, United States
- Galaxy Digital Qualified Opportunity Fund 2024, LP Subsidiary · Delaware, United States
- Galaxy Digital Qualified Opportunity Zone Business II, LLC Subsidiary · Delaware, United States
- Galaxy Digital Qualified Opportunity Zone Business, LLC Subsidiary · Delaware, United States
- Galaxy Digital Services LLC Subsidiary · Delaware, United States
- Galaxy Digital Trading Cayman LLC Subsidiary · Cayman Islands
- Galaxy Digital UK Limited Subsidiary · United Kingdom
- Galaxy Digital Ventures LLC Subsidiary · Delaware, United States
- Galaxy Helios I LLC Subsidiary · Delaware, United States
- Galaxy Helios I Pledgor LLC Subsidiary · Delaware, United States
- Galaxy Helios II Qualified Opportunity Zone Business, LLC Subsidiary · Delaware, United States
- Galaxy Power LLC Subsidiary · Delaware, United States
- Galaxy Trading Asia Limited Subsidiary · Hong Kong
- Galaxy Venture Fund (2023) LP Subsidiary · Cayman Islands
- GalaxyOne Prime LLC Subsidiary · Delaware, United States
- GDS Crypto Technologies Israel Ltd. Subsidiary · Israel
- GK8 LLC Subsidiary · Delaware, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Galaxy Digital Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $1.5B3 Dec 31, 2025 | $346.0M3 Dec 31, 2024 | +345.6% |
| Accumulated depreciation | $30.1M3 Dec 31, 2025 | $57.9M3 Dec 31, 2024 | −48.0% |
| Property and equipment, net | $1.4B3 Dec 31, 2025 | $237.0M3 Dec 31, 2024 | +500.4% |
| Operating-lease assets (leased space) | $10.3M3 Dec 31, 2025 | $8.2M3 Dec 31, 2024 | +25.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.2B3 Dec 31, 2025 | $462.1M3 Dec 31, 2024 | +169.7% |
| Marketable securities, current | $709.1M3 Dec 31, 2025 | $834.8M3 Dec 31, 2024 | −15.1% |
| Long-term investments | $1.0B3 Dec 31, 2025 | $808.7M3 Dec 31, 2024 | +26.5% |
| Loans, net of allowance | $557.0M3 Dec 31, 2025 | $476.6M3 Dec 31, 2024 | +16.9% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $66.5M3 Dec 31, 2025 | $58.0M3 Dec 31, 2024 | +14.6% |
| Intangible assets, net (excluding goodwill) | $29.5M3 Dec 31, 2025 | $37.4M3 Dec 31, 2024 | −21.0% |
| Indefinite-lived intangibles (excluding goodwill) | $1.8M3 Dec 31, 2025 | $1.8M3 Dec 31, 2024 | 0% |
| Accumulated amortization | $34.5M3 Dec 31, 2025 | $18.6M3 Dec 31, 2024 | +85.1% |
| Finite-lived intangibles, net | $27.3M3 Dec 31, 2025 |
Properties, in its own words
Our principal offices are located in a leased office at 300 Vesey Street, New York, New York, 10282 and consist of approximately 45,927 square feet. We use this facility for administration, sales and marketing, technology and development and professional services. As of December 31, 2025, other primary properties included our Helios data center campus in the panhandle region of West Texas and office spaces in Dallas, London, Hong Kong, Israel and the Bahamas.
We believe that our office facilities are adequate to meet our needs for the immediate future. We continue to evaluate our real estate strategy to accommodate expansion of our operations.
Item 2 of the 10-K filed Feb 26, 2026.6
Leadership
Who has led Galaxy Digital Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerMichael Novogratz May 15, 2025 to now11
- PresidentChristopher C. Ferraro May 15, 2025 to now12
- Chief financial officerAnthony Paquette May 15, 2025 to now13
- Chief operating officerErin Elizabeth Brown May 15, 2025 to now14
Board members and other officers (12)
- ControllerDritan Muneka Sep 30, 2026 to now15
- Group ControllerRobert Daniel Rico May 15, 2025 to now16
- Board memberSteven John Bandrowczak Jul 13, 2026 to now17
- Board memberBill Koutsouras May 15, 2025 to now18
- Board memberJane A. Dietze May 15, 2025 to now19
- Board memberMedina Rhonda Adams May 15, 2025 to now20
- Board memberMichael D. Daffey May 15, 2025 to now21
- Board memberMichael Novogratz May 15, 2025 to now11
- Board memberRichard Tavoso May 15, 2025 to now22
- Board memberDouglas R. Deason Aug 7, 2025 to now23
- General counselAndrew N. Siegel May 15, 2025 to now24
- General counselMatthew W. Friedrich Sep 8, 2025 to now25
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- GDS Crypto Technologies Israel Ltd. Israel5
- GK8 LLC Delaware5
- Galaxy Bahamas Ltd. Bahamas5
- Galaxy DBL, LLC Delaware5
- Galaxy Derivatives LLC Delaware5
- Galaxy Digital Capital Management LP Cayman Islands5
- Galaxy Digital Holdings LP Delaware5
- Galaxy Digital LLC Delaware5
- Galaxy Digital LP Cayman Islands5
- Galaxy Digital Labs LLC Delaware5
- Galaxy Digital Mining LLC Delaware5
- Galaxy Digital Partners LLC New York5
- Galaxy Digital Qualified Opportunity Fund 2024, LP Delaware5
- Galaxy Digital Qualified Opportunity Zone Business II, LLC Delaware5
- Galaxy Digital Qualified Opportunity Zone Business, LLC Delaware5
- Galaxy Digital Services LLC Delaware5
- Galaxy Digital Trading Cayman LLC Cayman Islands5
- Galaxy Digital UK Limited UK5
- Galaxy Digital Ventures LLC Delaware5
- Galaxy Helios I LLC Delaware5
- Galaxy Helios I Pledgor LLC Delaware5
- Galaxy Helios II Qualified Opportunity Zone Business, LLC Delaware5
- Galaxy Power LLC Delaware5
- Galaxy Trading Asia Limited Hong Kong5
All 26 listed subsidiaries
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Galaxy Digital Pubco Inc.May 5, 2021 to Sep 14, 20214
Timeline
- Sep 23, 20268-K Executive or director change26
- Aug 5, 20268-K Results of operations; Regulation FD disclosure27
- Aug 5, 20268-K Executive or director change28
- Jul 28, 20268-K Entered a material agreement; New debt or obligation29
- Jul 24, 20268-K Other events30
- Jul 22, 20268-K Regulation FD disclosure31
- Jul 13, 20268-K Executive or director change32
- May 28, 20268-K Shareholder vote33
- May 8, 20268-K Entered a material agreement34
- Apr 28, 20268-K Results of operations; Regulation FD disclosure35
- Feb 3, 20268-K Results of operations36
- Jan 15, 20268-K Other events37
- May 15, 2025New chief executive Michael Novogratz becomes CEO11
Calendar
Coming up
- Oct 27, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $1.12 a share, on Oct 21, 2025.38
When it reported results
- Aug 5, 2026Reported quarterly or annual results27
- Apr 28, 2026Reported quarterly or annual results35
- Feb 3, 2026Reported quarterly or annual results36
- Nov 10, 2025Reported quarterly or annual results39
- Oct 21, 2025Reported quarterly or annual results40
- Aug 5, 2025Reported quarterly or annual results41
- Jun 13, 2025Reported quarterly or annual results42
- May 13, 2025Reported quarterly or annual results43
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
258 filings to the SEC since October 2021: 1 annual reports, 5 quarterly reports, 29 major events, 81 insider forms, 12 large holders, 130 other. The latest 20:
- Oct 5, 20263 EDGAR
- Sep 30, 20263 EDGAR
- Sep 23, 20268-K EDGAR
- Sep 10, 20264 EDGAR
- Sep 9, 2026144 EDGAR
- Sep 2, 20264 EDGAR
- Sep 2, 20264 EDGAR
- Aug 31, 2026N-PX EDGAR
- Aug 21, 2026144 EDGAR
- Aug 18, 20264 EDGAR
- Aug 14, 202613F-HR EDGAR
- Aug 14, 20264 EDGAR
- Aug 10, 20264 EDGAR
- Aug 10, 20264 EDGAR
- Aug 10, 20264 EDGAR
- Aug 10, 20264 EDGAR
- Aug 10, 20264 EDGAR
- Aug 10, 202610-Q EDGAR
- Aug 10, 20264 EDGAR
- Aug 10, 20264 EDGAR
The 258 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
28 open-market trades by officers, directors and large owners since October 2021: 7 buys and 21 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 9, 2026 | Friedrich Matthew W.Chief Legal Officer | Sale | 4,993 | $27.03 | $135.0K | Form 4 |
| Aug 12, 2026 | DEASON DOUGLAS RDirector | Buy | 12,000 | $21.54 | $258.5K | Form 4 |
| Aug 10, 2026 | BANDROWCZAK STEVEN JOHNDirector | Buy | 5,100 | $19.63 | $100.1K | Form 4 |
| Aug 6, 2026 | Rico Robert DanielChief Accounting Officer | Sale | 9,095 | $19.66 | $178.8K | Form 4 |
| Jun 15, 2026 | Rico Robert DanielChief Accounting Officer | Sale | 19,000 | $34.22 | $650.2K | Form 4 |
| Jun 9, 2026 | Rico Robert DanielChief Accounting Officer | Sale | 19,000 | $31.62 | $600.8K | Form 4 |
| May 22, 2026 | DAFFEY MICHAEL DDirector | Sale | 250,000 | $28.88 | $7.2M | Form 4 |
| May 21, 2026 | DAFFEY MICHAEL DDirector | Sale | 250,000 | $28.78 | $7.2M | Form 4 |
| Feb 4, 2026 | DEASON DOUGLAS RDirector | Buy | 25,000 | $20.80 | $520.0K | Form 4 |
| Nov 13, 2025 | DEASON DOUGLAS RDirector | Buy | 7,000 | $30.18 | $211.3K | Form 4 |
| Nov 12, 2025 | DEASON DOUGLAS RDirector | Buy | 8,000 | $30.42 | $243.4K | Form 4 |
| Nov 11, 2025 | DEASON DOUGLAS RDirector | Buy | 9,000 | $30.82 | $277.4K | Form 4 |
| Nov 7, 2025 | DEASON DOUGLAS RDirector | Buy | 10,000 | $29.59 | $295.9K | Form 4 |
| Oct 10, 2025 | Ferraro Christopher CPresident and CIO | Sale | 750,000 | $36.00 | $27.0M | Form 4 |
| Oct 10, 2025 | Galaxy Group Investments LLC10% owner | Sale | 2,477,055 | $36.00 | $89.2M | Form 4 |
| Oct 10, 2025 | Novogratz MichaelChief Executive Officer | Sale | 3,000,000 | $36.00 | $108.0M | Form 4 |
| Sep 12, 2025 | Adams Medina RhondaDirector | Sale | 33,333 | $29.83 | $994.3K | Form 4 |
| Sep 3, 2025 | Adams Medina RhondaDirector | Sale | 67,500 | $24.50 | $1.7M | Form 4 |
| Aug 8, 2025 | Tavoso RichardDirector | Sale | 50,000 | $28.28 | $1.4M | Form 4 |
| Aug 6, 2025 | Brown Erin ElizabethChief Operating Officer | Sale | 350,000 | $26.98 | $9.4M | Form 4 |
All 28 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- FMR LLCSCHEDULE 13G/A, 4 filings Jun 6, 2025 to Aug 6, 202644
- JANE STREET GROUP, LLCSCHEDULE 13G, 1 filing Jun 24, 202645
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202646
- VANGUARD GROUP INCSCHEDULE 13G/A, 3 filings Jul 29, 2025 to Mar 26, 202647
- Capital Research Global InvestorsSCHEDULE 13G, 1 filing Feb 12, 202648
- Michael NovogratzSCHEDULE 13G/A, 2 filings Aug 5, 2025 to Feb 6, 202649
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Anthony PaquetteChief Financial Officer | 48 | $400.0K | $13.6M50 |
| 2025 | Matthew FriedrichChief Legal Officer | 59 | $125.9K | $12.3M50 |
| 2025 | Michael NovogratzChief Executive Officer and Director | 61 | $500.0K | $7.7M50 |
| 2025 | Christopher FerraroPresident and Chief Investment Officer | 42 | $500.0K | $7.5M50 |
| 2025 | Erin BrownChief Operating Officer | 43 | $400.0K | $5.1M50 |
| 2024 | Michael NovogratzChief Executive Officer and Director | 61 | $500.0K | $6.3M50 |
| 2024 | Christopher FerraroPresident and Chief Investment Officer | 42 | $500.0K | $5.4M50 |
| 2024 | Erin BrownChief Operating Officer | 43 | $400.0K | $4.0M50 |
| 2023 | Christopher FerraroPresident and Chief Investment Officer | 42 | $500.0K | $5.1M50 |
| 2023 | Erin BrownChief Operating Officer | 43 | $400.0K | $4.4M50 |
| 2023 | Michael NovogratzChief Executive Officer and Director | 61 | $3.4K50 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Capital Research Global Investors | 18,332,069 | $501.2M | 0.1% | +117,073 |
| Fmr LLC | 16,498,041 | $451.1M | 0.0% | −4,404,614 |
| BlackRock, Inc. | 9,825,047 | $268.6M | 0.0% | +4,038,472 |
| Vanguard Capital Management LLC | 8,316,469 | $227.4M | 0.0% | +29,367 |
| Vanguard Portfolio Management LLC | 7,154,730 | $195.6M | 0.0% | +255,963 |
| D. E. Shaw & Co., Inc. | 5,965,997 | $163.1M | 0.1% | +903,563 |
| Jane Street Group, LLC | 5,233,560 | $143.1M | 0.1% | +3,739,712 |
| Geode Capital Management, LLC | 3,637,123 | $121.2M | 0.0% | +1,134,962 |
| State Street Corp | 3,833,993 | $104.8M | 0.0% | +1,913,688 |
| Invesco Ltd. | 3,677,034 | $100.5M | 0.0% | +585,300 |
| Tidal Investments LLC | 2,928,700 | $80.1M | 0.2% | −76,296 |
| Rubric Capital Management LP | 2,343,169 | $64.1M | 0.6% | New |
| UBS Group AG | 2,311,996 | $63.2M | 0.0% | +245,831 |
| Goldman Sachs Group Inc | 2,223,923 | $60.8M | 0.0% | −24,562 |
| Moore Capital Management, LP | 2,082,250 | $56.9M | 1.3% | +720,000 |
| Norges Bank | 2,015,015 | $55.1M | 0.0% | New |
| Morgan Stanley | 1,842,315 | $50.4M | 0.0% | −552,515 |
| Citadel Advisors LLC | 1,805,340 | $49.4M | 0.0% | −16,590 |
| Philosophy Capital Management LLC | 1,780,927 | $48.7M | 4.7% | +1,126,548 |
| Charles Schwab Investment Management Inc | 1,743,817 | $47.7M | 0.0% | −884 |
| Rovida Investment Management Ltd | 1,711,200 | $46.8M | 3.2% | No change |
| Clear Street Group Inc. | 1,467,382 | $40.1M | 0.1% | +618,500 |
| Van Eck Associates Corp | 1,453,735 | $39.7M | 0.0% | −374,671 |
| Sullivan Wood Capital Management LLC | 1,404,742 | $38.4M | 52.6% | +14,265 |
| Seven Grand Managers, LLC | 1,250,000 | $34.2M | 1.4% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Galaxy Digital Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARGalaxy Digital Inc.1
- CIK0001859392
- Employer ID (EIN)87-08363136
- Filer statusNon-accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company6
- Incorporated inDelaware6
- Fiscal year endsDecember 311
- Industry code (SIC)6211 Security Brokers, Dealers & Flotation Companies1
- SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
- Business address300 Vesey Street, 13Th Floor, New York, NY 102821
- Phone212-390-92161
- Shares outstanding190,688,117 Common Class A shares; 198,408,277 Common Class B shares as of Feb 24, 20266
- Public float$3.6B as of Jun 30, 20256
- AuditorKPMG LLP, New York, New York PCAOB ID 185; no auditor attestation of internal control over financial reporting6
- On EDGAR sinceMay 5, 20211
- Filings282 in all: 4 (63), 425 (48), 8-K (27), 424B3 (20), 144 (18), 3 (17), CORRESP (15), UPLOAD (12)1
All 37 form types
S-4/A (7), SCHEDULE 13G (6), SCHEDULE 13G/A (6), 10-Q (5), EFFECT (5), DRS (3), DRSLTR (3), S-1 (3), 13F-HR (2), 8-K/A (2), DRS/A (2), 10-K (1), 13F-NT (1), 3/A (1), 424B4 (1), 8-A12B (1), ARS (1), CERT (1), DEF 14A (1), DEFA14A (1), N-PX (1), S-1/A (1), S-1MEF (1), S-3 (1), S-3ASR (1), S-4 (1), S-8 (1), SC TO-I (1), SC TO-I/A (1)
- Latest filingsAnnual report (10-K) Feb 26, 2026
Quarterly report (10-Q) Aug 10, 2026
Proxy statement (DEF 14A) Apr 8, 2026
Latest 8-K (8-K) Sep 23, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A common stock | GLXY | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).6
Risk factors and legal proceedings
The risks Galaxy Digital Inc. names in Item 1A of its 10-K filed Feb 26, 2026: 75 risks under these headings, as written.6
- that adversely affect our business. If any of the following risks occur, our business, operating results, financial condition, and future prospects could be materially and adversely affected. Many risks affect more than one category, and the risks are not in order of significance or probability of occurrence because they have been grouped by categories. The market price of our Class A common stock could decline, and you could lose part or all of your investment due to any of these risks.
- Risks Related to Our Operations
- We have limited operating history. Our business lines are nascent, unproven and subject to material legal, regulatory, operational, reputational, tax and other risks in every jurisdiction and are not assured to be profitable.
- Our operating results have and will continue to significantly fluctuate due to a variety of factors, including the highly volatile nature of cryptocurrency.
- Our operating results are dependent on the prices of digital assets and volume of transactions that we conduct. If such price or volume declines, our business, operating results, and financial condition would be adversely affected.
- A determination that a digital asset is a “security” in which we transact or facilitate transactions in, or that a product or service we provide or an activity in which we engage involves a “securities transaction” for purposes of the federal securities laws could adversely affect the value of that digital asset and potentially digital assets generally, or have adverse regulatory consequences for us, and could therefore adversely impact our business, financial condition and results of operations as well as the market price of our Class A common stock.
- Our expansion into the AI/HPC data center business has required, and will continue to require, substantial additional capital. We may be unable to obtain additional financing for this or for other areas of business development on acceptable terms or at all.
- Our strategy to expand into the AI/HPC data center business may not be successful and may result in adverse consequences to our business, financial condition and results of operations.
- Our AI/HPC data center business model is predicated, in part, on establishing and maintaining a customer base that will generate a recurring stream of revenue. If that recurring stream of revenue is not maintained or does not increase as expected, our operating results may be adversely affected.
- We are subject to risks in connection with our AI/HPC data center business, including risks associated with counterparties.
- Any problems accessing electricity sources or increased costs to procure power may result in adverse consequences to our business, financial condition and results of operations.
- We may suffer losses due to staking, delegating, and other related services.
The other 64 risks
- Our GalaxyOne platform and its reliance on third-party partnerships expose us to additional regulatory, litigation, and financial risk.
- The loss of one or more of our key personnel, or our failure to attract and retain other highly qualified personnel in the future, could adversely affect our business, operating results, and financial condition.
- If we fail to develop, maintain and enhance our brand and reputation, our business operating results and financial condition may be adversely affected.
- We operate in highly competitive industries and we compete against unregulated or less regulated companies and companies with greater financial and other resources, and our business, operating results, and financial condition may be adversely affected if we are unable to respond to our competitors effectively.
- Due to the unregulated nature and lack of transparency surrounding the operations of many digital asset trading platforms, they may experience fraud, security failures or operational problems, which may adversely affect the value of digital assets traded on those digital asset trading platforms and decentralized finance protocols and, consequently, our investments and our Class A common stock.
- Acquisitions of, or investments in, other companies, products or technologies have in the past and could in the future require significant management attention, disrupt our business, dilute stockholder value, and adversely affect our results of operations.
- In the event that our employees, contractors or any of our affiliates engage in misconduct or commit errors, it may materially adversely impact our business, operating results and our reputation.
- We or our subsidiaries and affiliates are and may continue to be subject to substantial litigation, including individual and class action lawsuits, and regulatory risks.
- If we cannot keep pace with rapid industry changes to provide new and innovative products and services and manage the risks these novel products and services present, the use of our products and services, and consequently our revenue, could decline, which could adversely impact our business, operating results, and financial condition.
- We are exposed to a concentration of assets in a particular asset class, which could increase volatility, investment and market risk.
- Our business relies on third-party service providers and subjects us to risks that we may not be able to control or remediate.
- Operational risk may materially and adversely affect our performance and results and we may not be effective in mitigating any such risk.
- We may not be able to generate sufficient cash to service all of our indebtedness and may be forced to take other actions to satisfy our obligations under our indebtedness, which may not be successful.
- The Project Financing Documents contain certain financial and other covenants that may limit our operating flexibility. The violation of one or more of these covenants could result in an event of default, which, if not cured or waived, could result in our being required to repay these borrowings before their due date or in the need to refinance.
- Because our long-term success depends, in part, on our ability to expand our sales to customers outside the United States, our business is susceptible to risks associated with international operations.
- Fluctuations in currency exchange rates could harm our operating results and financial condition.
- Risks Related to Our Business Lines
- Managing different business lines could present conflicts of interest.
- Increased competition and price volatility in the assets we manage may cause our AUM, revenue and earnings to decline.
- The asset management business is highly regulated and regulators may apply or interpret these regulations with respect to digital assets in novel and unexpected ways.
- Our venture investments, managed by our crypto ventures team within the Digital Assets segment, including any associated lending activities, are subject to substantial risk.
- If we choose to hedge our exposures, such hedging transactions may be ineffective or reduce our overall performance.
- The success of our investment and trading activities depends on the timely and successful execution of the investment and trading strategies we develop and our ability to remain competitive in the trading space.
- Our trading business and the various activities we undertake expose us to counterparty credit risk.
- The success of our investment banking business will depend on our ability to generate and maintain ongoing, profitable client demand for our services and our ability to remain competitive in the digital asset investment banking space.
- Because of regulatory uncertainty regarding how transactions in digital assets or digital securities by broker-dealers are or should be regulated, none of our broker-dealer subsidiaries currently engage in underwriting or private placement
- services, or otherwise facilitate customer transactions with respect to offerings involving digital assets, tokens, cryptocurrencies, digital securities or initial coin offerings, nor do they accept digital assets, tokens, cryptocurrencies or digital securities as payment for broker-dealer related services.
- Risks Related to Cryptocurrencies and Digital Assets
- The continuing development and acceptance of digital assets and distributed ledger technology are subject to a variety of risks.
- Digital assets represent a new and rapidly evolving industry, and the market price of our Class A common stock has in the past and may in the future be impacted by the acceptance of bitcoin and other digital assets.
- The prices of digital assets are extraordinarily volatile.
- Due to a lack of familiarity and some negative publicity associated with digital asset trading platforms, existing and potential customers, counterparties and regulators may lose confidence in digital asset trading platforms.
- The foreign and U.S. tax treatment of transactions in digital assets is unclear.
- Short sales and borrowings of digital assets pose additional risks.
- Lending of digital assets poses additional risks.
- Blockchain networks, digital assets and the digital asset trading platforms on which these assets are traded are dependent on internet and other blockchain infrastructure, which are susceptible to system failures, security risks and rapid technological change.
- From time to time, we may encounter technical issues in connection with changes or upgrades to the underlying digital asset networks of supported cryptocurrencies or protocols, and more broadly, such changes or upgrades may be delayed or unsuccessful, any of which could materially and adversely affect our investments and trading strategies, our financial condition and results of operations.
- A temporary or permanent “fork” could adversely affect an investment in our Class A common stock.
- The emergence of, and our participation in, DeFi activities subject us to evolving risks and uncertainties relating to our investments and our services.
- Any inability to maintain adequate relationships with affiliates, third-party banks and trading venues with respect to, and any inability to settle customer trades related to, our cryptocurrency offerings may adversely affect our business, financial condition and results of operations.
- Competing industries may have more influence with policymakers than the digital asset industry, which could lead to the adoption of laws and regulations that are harmful to the digital asset industry and our business.
- We currently offer services involving, and expect to continue to support, certain smart contract-based digital assets. If the underlying smart contracts for these protocols do not operate as expected, they could lose value and our business could be adversely affected.
- We currently engage in transactions on DeFi protocols involving the provision of and access to liquidity of various types of digital assets using liquidity pools, which subjects us to a number of risks and uncertainties, each of which could adversely affect our business.
- Private keys are required to access or transfer cryptocurrencies held in custody for GPL and GPL customers and the loss or destruction of such private keys may cause complete loss of the ability to retrieve or transfer such cryptocurrencies. If our custodian is unable to access the private keys and any backups thereto or if it experiences a cybersecurity breach, hack or other data loss that would restrict its ability to access any cryptocurrencies held in custody, we could become subject to reputational harm, legal claims, regulatory scrutiny, and other losses.
- Risks Related to Regulation, Information Systems and Privacy Matters
- The financial services industry is subject to government regulation in the United States, and our failure or inability to comply with these regulations or regulatory action against us could adversely affect our results of operations, financial condition or business.
- DeFi protocols and digital assets used in DeFi protocols pose heightened regulatory concerns even beyond those that face digital asset networks and digital assets generally.
- Our and our third-party service providers’ failure to safeguard and manage our and our customers’ funds and digital assets could adversely impact our business, operating results and financial condition.
- Our operations are reliant on technology provided by third parties which are out of our direct control.
- Legislative or regulatory changes or actions by the U.S. Congress, any U.S. federal or state agencies or foreign jurisdictions could restrict the use of one or more digital assets, the ability to enter into transactions referencing digital assets, validating or mining activity, the operation of digital asset networks or digital asset trading platforms in a manner that adversely affects our business.
- Many of the digital assets and transactions referencing digital assets in which we facilitate trading are subject to regulatory authority by the CFTC. Any fraudulent or manipulative trading activity in such an instrument could subject us to increased regulatory requirements, regulatory scrutiny, regulatory enforcement, and litigation.
- The AI industry is subject to developing and evolving regulatory frameworks globally, which are expected to become increasingly complex as AI continues to evolve, and our efforts to, or our failure or inability to comply with, these regulations or regulatory action against us could adversely affect our results of operations, financial condition or business.
- Cybersecurity incidents and other issues related to our information systems, technology and data may affect us materially and adversely.
- We collect and process sensitive customer data. Any real or perceived improper use of, disclosure of, or access to such data could harm our reputation, as well as have an adverse effect on our business.
- We are subject to stringent and rapidly evolving laws, rules, regulations, policies, industry standards and contractual obligations regarding data, privacy and information security and may be subject to additional related laws and regulations in jurisdictions into which we expand. Many of these laws and regulations are subject to change and reinterpretation and could result in claims, changes to our business practices, monetary penalties, increased cost of operations or other harm to our business.
- We may face particular privacy, data security, and data protection risks as our business expands into the U.K. and the EU in connection with the GDPR and other data protection regulations.
- Our use of technology, proprietary and non-proprietary software, data and intellectual property may be subject to substantial risk.
- Failure to maintain adequate recordkeeping of electronic communications could expose us to regulatory risks, operational liabilities and reduce our ability to address legal actions.
- Any failure to obtain, maintain, protect, defend or enforce our intellectual property and other proprietary rights could adversely affect our business, financial condition and results of operations.
- Third parties may initiate legal proceedings alleging that we are infringing, misappropriating or otherwise violating their intellectual property rights, the outcome of which would be uncertain and could have a material adverse effect on our business, financial condition and results of operations, or adversely affect the operations of portfolio companies and digital asset networks.
- Our business depends on our ability to effectively invest in, implement improvements to, and properly maintain the uninterrupted operation, security and integrity of, our operating platform and other information technology and business systems.
- Disruptions of the information technology systems or infrastructure of certain of our third-party vendors and service providers could also disrupt our businesses, damage our reputation, increase our costs, and have a material adverse effect on our business, financial condition and results of operations.
- Some of our products and services contain open source software, which may pose particular risks to our proprietary software, products and services in a manner that could harm our business.
- If we fail to comply with our obligations under license or technology agreements with third parties or are unable to license rights to use technologies on reasonable terms, we may be required to pay damages and could potentially lose license rights that are critical to our business.
- If we are unable to protect the confidentiality of our trade secrets, know-how and other proprietary and internally developed information, the value of our technology could be adversely affected.
- Risks Related to Our Organizational Structure and Ownership of our Class A Common Stock
- Our Founder controls a significant portion of our voting power and his interests may be different from those of stockholders and may prevent new investors from influencing significant corporate decisions, including mergers, consolidations, or the sale of us or all or substantially all of our assets.
- GDI’s principal asset is its direct ownership interest in GDH LP. GDI is accordingly dependent upon distributions from GDH LP to pay dividends, if any, and taxes, make payments under the Tax Receivable Agreement and pay other expenses.
Legal proceedings
In the ordinary course of business, the Company and its subsidiaries and affiliates may be threatened with, named as defendants in, or made parties to pending and potential legal actions, including class actions, arbitrations and other disputes. The Company and its subsidiaries and affiliates are also subject to oversight by numerous regulatory and other governmental agencies and may receive inspection requests, investigative subpoenas and requests from regulators for documents and information, which could lead to enforcement investigations and actions.
The Company reviews any lawsuits, regulatory investigations, and other legal proceedings on an ongoing basis and provides disclosure and records loss contingencies in accordance with its accounting policies. Except as discussed below, the Company does not believe that the ultimate resolution of existing legal and regulatory outstanding matters will have a material effect upon our financial condition or liquidity. However, in light of the uncertainties inherent in these matters, it is possible that the ultimate resolution of one or more of these matters may have a material adverse effect on the Company’s results of operations for a particular period, and future changes in circumstances or additional information could result in additional accruals or resolution in excess of established accruals, which could adversely affect the Company’s results of operations, potentially materially.
The opening of Item 3, Legal Proceedings.6
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2Yahoo FinanceGLXY quote
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12SEC EDGARChristopher C. Ferraro, President
- 13
- 14
- 15SEC EDGARDritan Muneka, Controller
- 16SEC EDGARRobert Daniel Rico, Group Controller
- 17
- 18SEC EDGARBill Koutsouras, Board member
- 19SEC EDGARJane A. Dietze, Board member
- 20SEC EDGARMedina Rhonda Adams, Board member
- 21SEC EDGARMichael D. Daffey, Board member
- 22SEC EDGARRichard Tavoso, Board member
- 23SEC EDGARDouglas R. Deason, Board member
- 24SEC EDGARAndrew N. Siegel, General counsel
- 25
- 26SEC EDGARExecutive or director change
- 27
- 28SEC EDGARExecutive or director change
- 29
- 30SEC EDGAROther events
- 31SEC EDGARRegulation FD disclosure
- 32SEC EDGARExecutive or director change
- 33SEC EDGARShareholder vote
- 34SEC EDGAREntered a material agreement
- 35
- 36SEC EDGARResults of operations
- 37SEC EDGAROther events
- 38NasdaqNasdaq calendar
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50