Cryptocurrency exchange Gemini (GEMI.US) announced a listing price of $28 per share, confirming earlier media reports that it is above the target range of $24 to $26 per share, raising a total of $425 million. The shares will be listed on the Nasdaq Stock Market (NDAQ.US) on Friday (12th), and the Nasdaq has committed to purchasing $50 million worth of shares in a private placement.
According to Reuters, the company's decision to lock in the fundraising amount at $425 million is unusual, as its IPO recorded over 20 times oversubscription

GEMI

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CRCL

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01788

00376

01428

Cryptocurrency exchange Gemini announced a listing price of $28 per share, exceeding the target range of $24 to $26 per share, raising a total of $425 million. The shares were listed on the Nasdaq on Friday, with Nasdaq committing to purchase $50 million worth of shares. The company's fundraising amount is locked at $425 million due to over 20 times oversubscription in its IPO, which is a rare practice

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Gemini Space Station

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Coinbase

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YUNFENG FIN

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Cryptocurrency exchange Gemini sets the listing price at $28 per share and will be listed on the Nasdaq during the day

加密货币交易所 Gemini 确定上市价每股 28 美元 日内於纳斯达克交易所挂牌

加密货币交易所 Gemini 确定上市价每股 28 美元日内於纳斯达克交易所挂牌