NEW YORK, June 25, 2020 /CNW/ - Galaxy Digital Holdings
Ltd. (TSXV: GLXY) ("Galaxy Digital" or the "Company") is pleased to
announce the results of votes on matters considered at its Annual
General Meeting of Shareholders (the "Meeting") which took place on
June 25, 2020 and other corporate
updates.
All five members of the Company's Board of Directors named as
nominees in its management information circular were elected as
directors: Michael Novogratz,
Bill Koutsouras, Nereida Flannery, Theagenis Iliadis and
Dominic Docherty. Former directors
Jack Lee and Pierre Lagrange did not stand for re-election
and their term as directors expired at the Meeting. Shareholders
also approved the appointment of Davidson & Company LLP as the
Company's auditor. Christopher
Ferraro has also been appointed a manager of Galaxy Digital
Holdings GP LLC.
The Company also announces that on June
25, 2020 it granted an aggregate of 750,000 stock options to
acquire ordinary shares of the Company (the "Options") to directors
of the Company and Galaxy Digital Holdings GP LLC pursuant to its
amended and restated stock option plan and the director
compensation program. The Options have an exercise price of
C$1.39 per ordinary share, are
exercisable for a period of five years from the date of grant and
vest in approximately one year.
About Galaxy Digital
Galaxy Digital is a diversified financial services and
investment management company in the digital asset, cryptocurrency
and blockchain technology sector. Galaxy Digital's team has
extensive experience spanning investing, portfolio management,
capital markets, operations, asset management, and blockchain
technology. Galaxy Digital currently operates four distinct
business lines, which include: Trading, Asset Management, Principal
Investments and Advisory Services. Galaxy Digital's CEO and Founder
is Michael Novogratz. The Company is
headquartered in New York City,
with offices in San Francisco,
London, Tokyo, Hong
Kong, the Cayman Islands
(registered office) and New
Jersey. Additional information about the Company's
businesses and products is available on www.galaxydigital.io.
Disclaimers
The TSX Venture Exchange ("TSXV") has neither approved nor
disapproved the contents of this press release. Neither the TSXV,
TSX nor its Regulation Services Provider (as that term is defined
in the policies of the TSXV) accepts responsibility for the
adequacy or accuracy of this release.
SOURCE Galaxy Digital Holdings Ltd