#CircleIPO [6/8, 5:41 AM] Meta AI: Circle's IPO was a huge success, exceeding expectations with a surge in demand. Here are the key details ¹ ² ³:
- *IPO Price*: $31 per share, higher than the initial price range of $24-$26 and the revised range of $27-$28.
- *Shares Sold*: 34 million shares sold, raising approximately $1.05 billion.
- *Valuation*: Circle's valuation stands at around $8.06 billion, including outstanding shares, stock options, restricted stock units, and warrants. Some reports suggest a fully diluted valuation of $81 billion or a valuation target of $7.2 billion.
- *Oversubscription*: The IPO was oversubscribed by 25 times, indicating strong investor demand.
- *Listing*: Circle's shares began trading on the New York Stock Exchange (NYSE) under the ticker symbol "CRCL" on June 5, 2025.
- *Investors*: Notable investors include ³ ²:
- *BlackRock*: Plans to purchase up to 10% of
[6/8, 5:41 AM] Meta AI: Circle's IPO was a huge success, exceeding expectations with a surge in demand. Here are the key details ¹ ² ³:
- *IPO Price*: $31 per share, higher than the initial price range of $24-$26 and the revised range of $27-$28.
- *Shares Sold*: 34 million shares sold, raising approximately $1.05 billion.
- *Valuation*: Circle's valuation stands at around $8.06 billion, including outstanding shares, stock options, restricted stock units, and warrants. Some reports suggest a fully diluted valuation of $81 billion or a valuation target of $7.2 billion.
- *Oversubscription*: The IPO was oversubscribed by 25 times, indicating strong investor demand.
- *Listing*: Circle's shares began trading on the New York Stock Exchange (NYSE) under the ticker symbol "CRCL" on June 5, 2025.
- *Investors*: Notable investors include ³ ²:
- *BlackRock*: Plans to purchase up to 10% of the IPO shares.
- *ARK Invest (Cathie Wood)*: Intends to invest $150 million in Circle shares.