Canada upon which the shares are traded. The actual number of shares that may be purchased under the Bid, the value of the consideration per share, and the exact timing of any such purchases will be determined by the Company and will depend on, among other things, future market conditions. All shares will be purchased for cancellation. All shares purchased by the Company under the Bid will be purchased at the market price at the time of acquisition in accordance with the rules and policies of the TSX and applicable securities laws. All purchases will be funded out of the Company’s working capital. The Bid has been approved by the Company’s Board of Directors. The ordinary shares will be purchased on behalf of the Company by Goldman Sachs Canada Inc. The average daily trading volume for the six calendar months prior to May 10, 2022 was 729,291 ordinary shares. About Galaxy Digital Galaxy Digital (TSX: GLXY) is a technology-driven financial services and investment management firm that provides institutions and direct clients with a full suite of financial solutions spanning the digital assets ecosystem. Galaxy Digital operates in the following businesses: Trading, Asset Management, Investment Banking, Mining and Principal Investments. Galaxy Digital’s CEO and Founder is Mike Novogratz . The Company is headquartered in New York City , with offices in Chicago , Jersey City , London , Amsterdam , Tokyo , Hong Kong , and the Cayman Islands (registered office).
Additional information about the Company’s businesses and products is available on www.galaxydigital.io .
Disclaimers The TSX has not approved or disapproved of the information contained herein.
CAUTION ABOUT FORWARD-LOOKING STATEMENTS Certain information in this press release, including, but not limited to, statements regarding the Bid and strategy to drive long-term shareholder value, may constitute forward looking information (collectively, forward-looking statements), which can be identified by the use of terms such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” or “believe” (or the negatives) or other similar variations. Because of various risks and uncertainties, including those referenced below, actual events or results may differ materially from those reflected or contemplated in such forward-looking statements. Factors that could cause actual outcomes related to the Bid or strategy to differ materially from those described in such forward-looking statements include, but are not limited to, a change in the price of the Company’s ordinary shares or in the digital asset market or general economic conditions or regulatory approvals. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks include, but are not limited to: the Company may decide not to repurchase any ordinary shares pursuant to the Bid; the Company’s ordinary shares may experience price and trading volume volatility; changes in applicable laws or regulations; the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; changes or events that impact the cryptocurrency industry, including potential regulation, that are out of our control; the risk that our business will not grow in line with our expectations or continue on its current trajectory; the possibility that our addressable market is smaller than we have anticipated and/or that we may not gain share of it; and those other risks contained in the Annual Information Form for the year ended December 31, 2021 available on the Company’s profile at www.sedar.com . In connection with the forward-looking statements contained in this press release, the Company has made assumptions that no significant events occur outside of the Company’s normal course of business. Forward-looking statements are not guarantees of future performance, accordingly, you should not put undue reliance on forward-looking statements. The forward-looking statements in this press release are applicable only as of the date of this release or as of the date specified in the relevant forward-looking statement and Galaxy Digital undertakes no obligation to update any forward-looking statement to reflect events or circumstances after that date or to reflect the occurrence of unanticipated events.
SOURCE Galaxy Digital Holdings Ltd.
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