Global Indemnity Group, LLC (NYSE: GBLI) announced on October 21, 2025 that it will move its Class A Common Shares from the New York Stock Exchange to the Nasdaq Global Select Market. The transfer will take effect after the market closes on November 3, 2025, and the shares will begin trading on Nasdaq under the existing ticker symbol “GBLI” on November 4, 2025.
The move to Nasdaq is a strategic shift aimed at enhancing liquidity and broadening the investor base. Nasdaq’s Global Select Market is known for its high visibility and robust trading infrastructure, which can improve market depth and potentially reduce bid‑ask spreads for GBLI’s shares. This change aligns with the company’s broader focus on technology and innovation, as Nasdaq’s platform supports advanced data analytics and trading tools.
The announcement also highlights the company’s commitment to maintaining a strong capital markets presence while pursuing its growth initiatives. By transitioning to Nasdaq, GBLI positions itself to attract a wider range of institutional and retail investors, potentially supporting future capital raising efforts and providing a more efficient platform for shareholder transactions. The transfer is expected to be completed smoothly, with no immediate operational disruptions reported by the company.
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