---
schema_version: "secwatch.filing_event.v1"
accession: "0001679788-25-000247"
form_type: "8-K"
ticker: "COIN"
cik: "0001679788"
company_name: "Coinbase Global, Inc."
filed_at: "2025-12-16T23:59:59+00:00"
generated_at: "2026-05-16T13:04:08.033074+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Coinbase reincorporates from Delaware to Texas effective Dec 15, 2025

## Summary
- Reincorporation effective at 5:00 PM ET on December 15, 2025; state of incorporation changed from Delaware to Texas.
- Each outstanding share of Class A and Class B common stock converted 1:1 into equivalent Texas corporation shares; no need to exchange certificates.
- No change in business, management, properties, obligations, assets, liabilities, or net worth (other than transaction costs).
- Ticker COIN and Nasdaq listing unchanged; shareholder rights changed as detailed in the Texas charter and bylaws.
- Supplemental indentures filed for convertible notes due 2026, 2029, 2030, and 2032 to reflect the reincorporation.

## SEC filing metadata
- accession: 0001679788-25-000247
- form_type: 8-K
- ticker: COIN
- cik: 0001679788
- company_name: Coinbase Global, Inc.
- filed_at: 2025-12-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679788/000167978825000247/0001679788-25-000247-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679788/000167978825000247/coin-20251215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001679788-25-000247
- JSON: https://secwatch.observer/filing/0001679788-25-000247.json
- Plain text: https://secwatch.observer/filing/0001679788-25-000247.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.