Gemini Exchange Increases Its IPO Target to $433.30 million
2025-09-10 00:36:33
Gemini Space Station Inc., a cryptocurrency exchange led by the Winklevoss brothers, announced that it is raising its initial public offering (IPO) target to $433.30 million. According to a filing with the Securities Exchange Commission (SEC) on September 10, the company raised the offering price range from $17-19 per share to $24-26, and the number of shares it plans to issue remains unchanged at 16.70 million shares. The increase stems from the IPO being oversubscribed and attracting private investment from another exchange operator.
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