Nasdaq registers 85.6M shares for resale by selling stockholder

NASDAQ, INC.

Filed prospectus supplement to register up to 85,608,414 shares of common stock for resale by an unnamed selling stockholder.
Shares represent roughly 15% of outstanding equity based on recent filings, creating potential overhang.
Registration does not involve new issuance; existing shareholder shares are being registered for secondary sale.
Legal opinion from Wachtell Lipton on share validity was filed as Exhibit 5.1 with the 8-K.

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