8-K: Fastly Shifts Stock Listing to Nasdaq

Fastly, a leader in edge cloud platforms, announced its voluntary transfer of stock listing from the NYSE to Nasdaq, effective December 9, 2025.

Summary

• Fastly, Inc. will voluntarily transfer the listing of its Class A common stock from the New York Stock Exchange (NYSE) to the Nasdaq Stock Market LLC (Nasdaq).
• The company's Board of Directors authorized this strategic move.
• Trading of Fastly's common stock on the NYSE is expected to cease at the close of trading on December 8, 2025.
• The common stock is expected to begin trading on Nasdaq on December 9, 2025.
• Fastly's common stock will continue to trade under its current ticker symbol, FSLY.
• Nasdaq has approved the listing of Fastly's common stock.

Sentiment

Score: 6

Explanation: The announcement is a positive strategic move for Fastly, aligning it with other innovative tech companies on Nasdaq, which management believes will unlock long-term value. There are no negative operational or financial implications mentioned.

Positives

• Joining Nasdaq aligns Fastly with a growth-driven market and a community of innovative technology companies, as stated by Nasdaq's President.
• Management views this transfer as a step in Fastly's current transformation, aimed at scaling the company and unlocking long-term value for customers and shareholders.

Risks

• Forward-looking statements, including those regarding the stock exchange listing transfer, involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from those expressed or implied.
• Important factors that could cause actual results to differ materially are detailed in Fastly's Annual Report on Form 10-K for the year ended December 31, 2024, and Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, and other filings with the SEC.

Future Outlook

The company views this transfer as a strategic step in its ongoing transformation, aiming to scale Fastly and unlock long-term value for both customers and shareholders by aligning with a growth-driven market.

Management Comments

• "We're excited to join Nasdaq and be listed among the most innovative and leading technology companies in the world." Kip Compton, CEO at Fastly.
• "This is one of several steps in our current transformation as we scale Fastly while working to unlock long-term value for customers and shareholders." Kip Compton, CEO at Fastly.
• "We're thrilled to welcome Fastly, a leader in delivering premium digital experiences at scale, to the Nasdaq family. By joining Nasdaq, Fastly aligns with a growth-driven market, and becomes part of a community of the world's most innovative companies." Nelson Griggs, President of Nasdaq.

Industry Context

The move to Nasdaq is consistent with a broader trend among technology and growth-oriented companies that often choose Nasdaq for its association with innovation and its strong representation of the tech sector. This aligns Fastly with a peer group often perceived as more dynamic and growth-focused than those typically found on the NYSE.

Stakeholder Impact

• Shareholders: The transfer aims to unlock long-term value and align the company with a growth-driven market, potentially increasing visibility among tech-focused investors. The ticker symbol remains FSLY, ensuring continuity.
• Customers: No direct impact on customers is indicated by the listing transfer.
• Employees: No direct impact on employees is indicated by the listing transfer.

Next Steps

• Fastly's common stock will cease trading on NYSE at the close of trading on December 8, 2025.
• Fastly's common stock will begin trading on Nasdaq on December 9, 2025.

Key Dates

Keywords

Fastly, FSLY, Nasdaq, NYSE, Stock Exchange Transfer, Listing, Edge Cloud, Technology, Corporate Governance