CLASS ACTION NOTICE: Berger Montague Advises Gemini Space Station, Inc. (GEMI) Investors to Inquire About a Securities Fraud Class Action

Core Viewpoint - A class action lawsuit has been filed against Gemini Space Station, Inc. by Berger Montague on behalf of investors who acquired shares during the specified Class Period, alleging misleading statements in the IPO documents [1][3]. Company Overview - Gemini Space Station, Inc. is a cryptocurrency platform that operates a digital asset exchange and related services, headquartered in New York [2]. Legal Action Details - The lawsuit claims that the IPO Offering Documents contained materially false and misleading statements regarding the viability of the Company's core business and its international expansion strategy, as well as the risk of requiring a costly restructuring [3]. - Investors have until May 18, 2026, to seek appointment as lead plaintiff representative of the class [2]. Recent Developments - On February 5, 2026, Gemini announced a strategic shift towards a prediction market-focused model, referred to as "Gemini 2.0," which included workforce reductions and exiting multiple international markets. Following this announcement, the stock price fell by $0.64, or 8.72%, closing at $6.70 [4]. - The stock further declined on February 17, 2026, after the Company reported preliminary financial results showing increased operating expenses and significant executive departures, leading to a drop of $0.975, or 12.9%, closing at $6.585 [5].