Gemini, the crypto exchange managed by Tyler and Cameron Winklevoss, increased the price range for its IPO on Friday, the company announced in a updated S1 file on Tuesday.
The company now plans to sell 16.67 million shares between $ 24 and $ 26 each in the public offer against the previous range of $ 17 and $ 19. At the upper end of the new range, Gemini would collect more than $ 430 million at an assessment of approximately $ 3.1 billion.
Goldman Sachs, Citigroup, Morgan Stanley and Cantor are the main subscribers of the IPO.
Indigenous Crypto companies are increasingly seeking to make public under the more benign regulatory regime of President Trump. Gemini’s public list follows that of the Haussier rival exchange (BLSH)Coindesk owner and stablecoin transmitter circle (CRCL).
Exchange the nasdaq giant (Ndaq) concluded an agreement to buy $ 50 million in shares in a private investment at a course per share equal to the price of Introduction on the stock market.
The action will be entered in the global market Select Nasdaq under the symbol of Ticker Gemi.
Find out more: Crypto Exchange Gemini aims for an assessment of $ 2.22 billion in the US IPO, seeking to raise $ 317 million
