Circle (CRCL) will offer 10 million class A $ 130 shares for sale of shares



Circle (CRCL) It plans to offer 10 million shares in a sale of secondary shares with a price of $ 130 per share, more than four times at the price of its initial public offer in June.

The Stablecoin issuer behind the USDC Token is offering 2 million class A shares, he said in a presentation on Tuesday before the US stock and values commission. UU. (SECOND). Existing shareholders that place the other 8 million.

The company will use the income of the sale of its shares for general corporate purposes. You will not receive any income from the sale of the shareholders.

The shares debuted in the New York Stock Exchange at the beginning of June after having a price of $ 31. They shot at the trade, increasing up to 235% on the first day before closing to $ 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% in the day.

CRCL shares were recently 1.63% lower than $ 136.98 in the negotiation prior to the market.



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