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Gemini Announces Launch of Initial Public Offering, Stock Code GEMI
Summary: According to Reuters, cryptocurrency platform Gemini has announced that it has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission for its initial public offering of 16,666,667 shares of Class A common stock. In connection with the offering, Gemini and its selling shareholders plan to grant underwriters a 30-day option to purchase ...
According to Reuters, cryptocurrency platform Gemini has announced that it has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission for its initial public offering of 16,666,667 shares of Class A common stock. In connection with the offering, Gemini and its selling shareholders plan to grant underwriters a 30-day option to purchase up to an additional 2,396,348 shares and 103,652 shares of Class A common stock, respectively, to cover over-allotments. The initial public offering price is currently expected to be between $17.00 and $19.00 per share of Class A common stock. Gemini has applied to list its Class A common stock on the NASDAQ Global Select Market under the stock code GEMI.
