other material
confidence high
sentiment neutral
materiality 0.50
Galaxy Digital redomiciles to Delaware, completes reorganization with dual-class stock
Galaxy Digital Inc.
- Reorganization completed May 13, 2025; redomiciled from Cayman Islands to Delaware.
- Post-reorg, former GDHL shareholders hold 37.2% voting power; GDH LP unitholders hold 62.8%.
- New board appointed: Michael Novogratz (CEO & director), Michael Daffey (Chair), 4 independent directors.
- Executive officers include Christopher Ferraro (President/CIO), Anthony Paquette (CFO).
- Pro forma Q1 2025 net loss $353M ($1.02 diluted EPS); FY2024 net income $367.7M ($1.04 diluted EPS).