Gemini Space Station, Inc., the global crypto platform, has announced the launch of its initial public offering (IPO) of 16,666,667 shares of Class A common stock. The company has filed a registration statement with the U.S. Securities and Exchange Commission (SEC). The offering price is expected to be between $17.00 and $19.00 per share, with Gemini and selling stockholders granting underwriters a 30-day option to purchase up to an additional 2,396,348 and 103,652 shares, respectively, to cover over-allotments.
Gemini has applied to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol “GEMI.” The offering will be led by Goldman Sachs & Co. LLC and Citigroup, with Morgan Stanley and Cantor also serving as lead bookrunners. Additional bookrunners and co-managers include Evercore ISI, Mizuho, Truist Securities, and several others. The proposed offering remains subject to market conditions and SEC approval.
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