other material
confidence high
sentiment neutral
materiality 0.50
Borse Dubai completes secondary offering of 31M Nasdaq shares; Nasdaq receives no proceeds
NASDAQ, INC.
- Borse Dubai sold 31,000,000 shares of Nasdaq common stock in a public offering.
- Nasdaq did not receive any proceeds from the sale; all shares were held by the selling stockholder.
- Underwriting agreement with Morgan Stanley and Goldman Sachs as representatives dated March 19, 2024.
- Offering completed on March 22, 2024, pursuant to an effective shelf registration statement.