Gemini, the exchange of cryptography led by Tyler and Cameron Winklevos, has increased the price range for its planned Friday IPO, the company said in an updated S1 presentation on Tuesday.
The firm now hopes to sell 16.67 million shares between $ 24 and $ 26 each in the public offer versus the previous range of $ 17- $ 19. At the upper end of the new range, Gemini would fall more than $ 430 million in an assessment of approximately $ 3.1 billion.
Goldman Sachs, Citigroup, Morgan Stanley and Cantor are the main insurers of the OPI.
Native cryptography companies seek more and more public under the most benign regulatory regime of President Trump. Gemini’s public list follows the rival Exchange Bullish (BLsh)COINDESK OWNER AND STABLECOIN IMPERIOR CIRCLE (CRCL).
Nasdaq giant exchange (Ndaq) It has signed an agreement to buy $ 50 million of shares in a private placement at a price per share equal to the PRI price.
The actions will be listed in the Nasdaq Global Select market under the Ticker’s GEMI symbol.
Read more: Crypto Exchange Gemini points to an assessment of $ 2.22b in the US opi., Seeking to raise $ 317 million
