Coinbase said on August 15, 2025 it filed a prospectus supplement to its effective shelf registration statement on Form S-3 filed on May 8, 2025, registering up to 10,997,856 shares of Class A Common Stock for resale or other disposition by the selling stockholders.

1. 01

   Coinbase said on August 15, 2025 it filed a prospectus supplement to its effective shelf registration statement on Form S-3 filed on May 8, 2025, registering up to 10,997,856 shares of Class A Common Stock for resale or other disposition by the selling stockholders.

2. 02

   The company said it filed the prospectus supplement to satisfy registration rights granted under the Share Purchase Agreement dated May 8, 2025.

3. 03

   Coinbase said the parties to the Share Purchase Agreement are the company, Sentillia B.V., the Sentillia Shareholders listed on Exhibit B to the agreement, and Shareholder Representative Services LLC as the shareholders' agent.

4. 04

   The company said it filed as Exhibit 5.1 an opinion of its counsel, Fenwick & West LLP, regarding the legality of the Class A Common Stock being registered.

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Original filing

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