Summary
Coinbase Global, Inc. (COIN) filed an 8-K on August 3, 2023, to announce its financial results for the quarter ended June 30, 2023. The primary purpose of this filing is to furnish the accompanying Shareholder Letter, which provides detailed information about the company's performance and outlook. Investors should note that this information, including the Shareholder Letter, is furnished and not officially "filed" with the SEC, meaning it does not trigger certain liabilities under the Exchange Act unless specifically incorporated into other SEC filings. The Shareholder Letter, which will be discussed further on a conference call scheduled for August 3, 2023, is the key document for understanding Coinbase's Q2 2023 financial results. The filing also notes that Coinbase will be referencing non-GAAP financial measures, with reconciliations provided within the Shareholder Letter. Investors are encouraged to review all public disclosures from Coinbase, including its website, blog, social media channels, and press releases, for a comprehensive view of material information.
Key Highlights
- 1Coinbase announced its financial results for the quarter ended June 30, 2023, via an 8-K filing.
- 2The filing includes a furnished Shareholder Letter (Exhibit 99.1) detailing the Q2 2023 results.
- 3A conference call will be held on August 3, 2023, to discuss the Q2 financial results.
- 4The company will be presenting non-GAAP financial information, with reconciliations available in the Shareholder Letter.
- 5Information furnished via this 8-K is not deemed 'filed' under Section 18 of the Exchange Act unless specifically referenced in another filing.
- 6Coinbase emphasizes its use of multiple channels (website, blog, social media, press releases) to disseminate material information to investors.