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Circle IPO Valuation Hits 6.7 Billion

Circle’s IPO on NYSE Targets $624 Million Raise

  • Circle has filed for an IPO on the New York Stock Exchange, aiming to raise up to $624 million.
  • The company’s valuation could reach $6.7 billion if the IPO is successful.
  • Plans include offering 24 million Class A shares priced between $24 and $26 each.
  • Underwriters have a 30-day option to purchase an additional 3.6 million shares.
  • This is Circle’s second attempt at going public after a canceled merger in 2022.

Circle’s IPO filing on the NYSE aims to raise up to $624 million, potentially valuing the company at $6.7 billion, with plans to offer 24 million shares priced between $24 and $26 each.

Source (2.6)https://hodl.press/circle-files-for-ipo-with-6-7-billion-valuation/?rand=24434
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