Stock Market Announcement: Circle Introduces Public Shares Sale
Circle Internet Group, Inc., the company behind the popular stablecoin network and payment platform, has announced a public offering of 10,000,000 shares of its Class A common stock. The offering is expected to close on August 18, 2025, subject to customary closing conditions.
The offering comprises 2,000,000 shares sold by Circle and 8,000,000 shares sold by existing shareholders, including CEO Jeremy Allaire. With current market prices, the offering is valued at approximately $1.4 billion.
J.P. Morgan, Citigroup, and Goldman Sachs & Co. LLC are acting as joint lead active bookrunners for the offering.
While the specific underwriters and full contact details for obtaining a preliminary prospectus are not publicly disclosed, interested parties can typically obtain a preliminary prospectus by:
- Visiting Circle’s investor relations or press room at their official website.
- Referring to the SEC filings related to this offering.
- Contacting the lead underwriters of Circle’s IPO, typically major investment banks indicated in the official offering documents.
It is essential to note that no sale of these securities will take place in any state or jurisdiction before registration or qualification under the securities laws of that state or jurisdiction. This press release does not constitute an offer to sell or solicit an offer to buy these securities.
Additionally, the offering is subject to market conditions, and there can be no assurance as to whether or when the offering will be completed. The actual size or terms of the offering are also subject to uncertainty.
For more detailed information on the public offering underwriting and to request a preliminary prospectus, you can email [email protected] and [email protected] for J.P. Morgan Securities LLC. Contact details for obtaining the prospectus include email addresses and physical addresses for each of the three underwriters.
Circle’s recent financial performance and strong market reception post-IPO, with shares up about 349% since debut, underscore investor interest and the significance of this secondary offering. Circle continues to expand its stablecoin network and payment platform, reinforcing the strategic rationale behind the offering. The offering also includes an option for underwriters to purchase up to an additional 1,500,000 shares of Class A common stock within 30 days.
Investors can express interest in the offering by contacting J.P. Morgan Securities LLC through the email addresses [email protected] and [email protected]. The offering, which includes an option for underwriters to purchase additional shares, is a unique opportunity for investors to invest in the business and finance sector, given Circle's recent success in blockchain, specifically in the stablecoin network and payment platform.
