Gemini Announces Pricing of Initial Public Offering
Prnewswire·2025-09-12 02:28

Group 1 - Gemini Space Station, Inc. announced the pricing of its initial public offering (IPO) of 15,178,572 shares of Class A common stock at a price of $28.00 per share [1] - The offering includes a 30-day option for underwriters to purchase an additional 300,565 and 458,364 shares of Class A common stock to cover over-allotments [1] - Trading of Gemini's Class A common stock is expected to begin on the Nasdaq Global Select Market under the ticker symbol "GEMI" on September 12, 2025, with the offering closing on September 15, 2025, subject to customary closing conditions [1] Group 2 - Goldman Sachs & Co. LLC and Citigroup are acting as lead bookrunners for the IPO, with Morgan Stanley and Cantor also participating as lead bookrunners [2] - Additional bookrunners include Evercore ISI, Mizuho, Truist Securities, Cohen & Company Capital Markets, Keefe, Bruyette & Woods, A Stifel Company, Needham & Company, and Rosenblatt [2] Group 3 - The offering is being made only by means of a prospectus, which can be obtained from the SEC's website or directly from Goldman Sachs and Citigroup [3] - A registration statement for these securities has been filed with and declared effective by the SEC [4] Group 4 - Gemini is a global crypto platform founded in 2014 by Cameron and Tyler Winklevoss, offering a wide range of crypto products and services in over 60 countries [5]