Circle Announces Closing of the Full Exercise of Greenshoe Option Granted in the Initial Public Offering
Circle Internet Group, Inc. ("Circle") (NYSE:CRCL), a global financial technology company and stablecoin market leader, today announced that, in connection with its previously completed initial public offering of its Class A common stock, the underwriters have fully exercised their option to purchase an additional 5,100,000 shares of Class A common stock from Circle. The issuance of the additional shares closed on June 11, 2025, bringing the gross proceeds from the initial public offering to Circle and the selling stockholders to approximately $1.2 billion.
J.P. Morgan, Citigroup, and Goldman Sachs & Co. LLC acted as joint lead active bookrunners for the offering. Barclays, Deutsche Bank Securities and SOCIETE GENERALE acted as bookrunners; BNY Capital Markets, Canaccord Genuity, Needham & Company, Oppenheimer & Co. and Santander acted as co-managers; and AmeriVet Securities, Drexel Hamilton, Mischler Financial Group, Inc. and Roberts & Ryan acted as junior co-managers.
A registration statement relating to these securities has been filed with the SEC and was declared effective on June 4, 2025. The offering was made only by means of a prospectus. Copies of the final prospectus may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at [email protected] and [email protected]; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1-800-831-9146; or Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at 866-471-2526 or by email at [email protected].
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Circle Internet Group, Inc.
Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. Circle is building the world's largest, most-widely used, stablecoin network, and issues, through its regulated affiliates, USDC and EURC stablecoins. Circle provides a comprehensive suite of financial and technology services that empower enterprises and developers to integrate stablecoins and blockchains into their products, services and business operations.
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