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Gemini Receives $50 Million Investment from NASDAQ, Accelerating IPO Plans

Summary: According to sources, cryptocurrency exchange Gemini has received a maximum investment of $50 million from NASDAQ as it prepares for its IPO. Documents reveal that Gemini has reached an agreement with NASDAQ for the acquisition of its Class A common stock. The transaction price per share equals Gemini's IPO price minus underwriting discounts and commissions, ...

According to sources, cryptocurrency exchange Gemini has received a maximum investment of $50 million from NASDAQ as it prepares for its IPO. Documents reveal that Gemini has reached an agreement with NASDAQ for the acquisition of its Class A common stock. The transaction price per share equals Gemini's IPO price minus underwriting discounts and commissions, and is expected to be completed immediately after listing. Gemini plans to raise up to $3.167 billion in its debut, issuing 16.7 million shares at a price range of $17 to $19 per share.

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