Circle (CRCL) plans to offer 10 million shares in a sale of secondary shares at a price of $ 130 per share, more than four times at the price of its first public call to public in June.
The Stablecoin issuer behind the USDC token itself offers 2 million ordinary class A shares, he said in a deposit Tuesday with the Securities and Exchange American Commission (SECOND). The existing shareholders setting up the 8 million others.
The company will use the product of the sale of its actions for general purposes of the company. He will not receive any product from the sales of shareholders.
The shares made their debut on the New York Stock Exchange in early June after being at $ 31. They skyrocketed on exchanges, increasing up to 235% on the first day before ending at $ 83. The action reached a record of $ 298.99 on June 23 and closed on Thursday at $ 139.23, a loss of more than 9% during the day.
CRCL shares were recently less than 1.63% at $ 136.98 in pre-commercial exchange.
