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Gemini Space Station, Inc. Plans IPO to Raise $317 Million Amid Growing Cryptocurrency Integration in Finance
Gemini Space Station, Inc. is in the process of advancing its initial public offering (IPO) with the goal of raising around $317 million. The company plans to offer 16,666,667 shares of its Class A common stock, with an anticipated IPO price ranging between $17 and $19 per share. Furthermore, there is a provision for underwriters to purchase an additional 2,396,348 shares from Gemini and another 103,652 shares from selling stockholders over the following 30 days to address potential over-allotments. This initiative is subject to market conditions and aims to list on the Nasdaq Global Select Market under the ticker ... (full story)