GEMI CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds Gemini Space Station (GEMI) Investors of Securities Class Action Deadline on May 18, 2026

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Gemini Space Station, Inc. due to allegations of violations of federal securities laws, encouraging affected investors to contact them for legal options [2][4]. Group 1: Allegations and Legal Actions - The complaint alleges that Gemini and its executives made false and misleading statements regarding the viability of its core business as a crypto platform and its international expansion efforts [4]. - The lawsuit highlights that Gemini's post-IPO financial and business prospects were overstated, leading to a significant risk of an expensive and disruptive restructuring [4]. - Investors are reminded of the May 18, 2026 deadline to seek the role of lead plaintiff in the federal securities class action filed against Gemini [2]. Group 2: Financial Performance and Market Reaction - Gemini's IPO occurred on September 12, 2025, with 15,178,572 shares issued at an offering price of $28.00 per share, raising approximately $398.44 million before expenses [5]. - Following the announcement of a corporate pivot and workforce reduction on February 5, 2026, Gemini's stock price fell by $0.64, or 8.72%, closing at $6.70 per share [8]. - On February 17, 2026, Gemini reported preliminary unaudited financial results for the fiscal year ended December 31, 2025, with net revenue estimated between $165 million and $175 million, and operating expenses projected to be $520 million to $530 million, marking a 40% increase from the previous year [9].