Circle (CRCL)The stablecoin broadcaster firm behind the USDC Token announced on Tuesday a secondary sale of shares of 10 million shares.
The company offers 2 million common class A shares for sale, while shareholders sell are downloading another 8 million, according to a S-1 presentation before the United States stock exchange and values commission. (SECOND). The insurer’s Greenshoe option is for another 1.5 million shares.
Circle shares decreased 6% in the negotiation after hours to $ 154. That decreased almost 50% from the maximum record of $ 299, but even more than five times from the price of the OPI of $ 31.
The offer occurs approximately two months after the Circle debut in the New York Stock Exchange, which saw that the price of its shares was shot in the middle of the appetite of investors to obtain exposure to the Stablecoin market boom.
Earlier on Tuesday, the company reported a loss of $ 428 million for the second quarter of the year.
Read more: Circle presents the blockchain layer of the Capa-1, reports the loss of $ 428 million Q2
