Circle closes full exercise of greenshoe option granted in IPO

Circle (CRCL) Internet “announced that, in connection with its previously completed initial public offering of its Class A common stock, the underwriters have fully exercised their option to purchase an additional 5,100,000 shares of Class A common stock from Circle. The issuance of the additional shares closed on June 11, 2025, bringing the gross proceeds from the initial public offering to Circle and the selling stockholders to approximately $1.2 billion. J.P. Morgan, Citigroup, and Goldman Sachs & Co. LLC acted as joint lead active bookrunners for the offering.”