---
schema_version: "secwatch.filing_event.v1"
accession: "0001859392-25-000010"
form_type: "8-K"
ticker: "GLXY"
cik: "0001859392"
company_name: "Galaxy Digital Inc."
filed_at: "2025-05-13T23:59:59+00:00"
generated_at: "2026-05-21T17:58:10.584119+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Galaxy Digital redomiciles to Delaware, completes reorganization with dual-class stock

## Summary
- 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).

## SEC filing metadata
- accession: 0001859392-25-000010
- form_type: 8-K
- ticker: GLXY
- cik: 0001859392
- company_name: Galaxy Digital Inc.
- filed_at: 2025-05-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.01, 3.03, 5.03, 5.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1859392/000185939225000010/0001859392-25-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1859392/000185939225000010/glxy-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001859392-25-000010
- JSON: https://secwatch.observer/filing/0001859392-25-000010.json
- Plain text: https://secwatch.observer/filing/0001859392-25-000010.txt

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