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Coinbase | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Mar 26 16:31
Summary by Moomoo AI
Coinbase Global, Inc., a leading cryptocurrency exchange, is set to experience a significant transaction by one of its major stockholders, AH Capital Management, L.L.C., which holds more than 10% of the company's shares. AH Capital Management plans to sell 6,740 shares of Coinbase's Class A Common Stock on March 26, 2024, with an aggregate market value of approximately $1,887,200. The shares were acquired in-kind as an equity distribution from Andreessen Horowitz on March 25, 2024, the day before the planned sale, and were paid for in cash. This sale follows a previous transaction in the past three months where a total of 33,992 shares were sold, generating gross proceeds of over $5.57 million.
Coinbase Global, Inc., a leading cryptocurrency exchange, is set to experience a significant transaction by one of its major stockholders, AH Capital Management, L.L.C., which holds more than 10% of the company's shares. AH Capital Management plans to sell 6,740 shares of Coinbase's Class A Common Stock on March 26, 2024, with an aggregate market value of approximately $1,887,200. The shares were acquired in-kind as an equity distribution from Andreessen Horowitz on March 25, 2024, the day before the planned sale, and were paid for in cash. This sale follows a previous transaction in the past three months where a total of 33,992 shares were sold, generating gross proceeds of over $5.57 million.
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