Shareholders who lost money in Gemini Space Station, Inc. (NASDAQ: GEMI) Should Contact Wolf Haldenstein Immediately

Core Viewpoint - A securities fraud class action lawsuit has been filed against Gemini Space Station, Inc. for misrepresentations related to its Initial Public Offering and subsequent securities sales [1][2]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Gemini Class A common stock during its IPO on September 12, 2025, or acquired securities between September 12, 2025, and February 17, 2026 [1]. - Investors have until May 18, 2026, to apply to be appointed as lead plaintiff in the lawsuit [2]. Group 2: Corporate Changes and Stock Performance - On February 5, 2026, Gemini announced a significant corporate pivot to "Gemini 2.0," which included a focus on its prediction market, a 25% workforce reduction, and exiting the UK, EU, and Australian markets [2]. - Following this announcement, Gemini's Class A common stock price fell by $0.64, or 8.72%, closing at $6.70 per share [2]. - On February 17, 2026, the company announced the departure of key executives and reported a 40% increase in operating expenses for 2025, leading to a further decline in stock price by $0.97, or 12.9%, closing at $6.585 per share [3]. - At the time of the lawsuit filing, Gemini's Class A common stock was trading at $5.96 per share, reflecting a 78.7% decline from its IPO price of $28.00 per share [4].