- The company priced 10 million Class A common shares at $130 each, including 2 million from Circle and 8 million from selling stockholders.
- The offering, set to close August 18, 2025, will support Circle’s growth plans and strengthen its position as a leading stablecoin.
- See what Wall Street is buying with instant access to ratings on 1,000 top stocks, including Goldman Sachs, Morgan Stanley, and more. Unlock all ratings now.
Circle Internet Group's CRCL shares climbed more than 7% on Friday after the company announced the pricing of its public offering of 10 million Class A common shares at $130 each.
What To Know: Of the total, Circle will sell 2 million shares directly, while selling stockholders will offer 8 million. The company also granted underwriters a 30-day option to purchase up to an additional 1.5 million shares.
Circle's shares have seen heightened investor interest following the announcement, as the pricing at $130 represents a substantial capital raise while still trading above the offer price in Friday's session.
CRCL Price Action: Circle internet group shares were up by 7.44% at $149.72 at the time of writing, according to Benzinga Pro.
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