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Crypto exchange Gemini prices IPO above range to raise $425 million
Gemini's IPO raised $425 million with strong institutional demand, despite ongoing SEC litigation and a strategic cap to maintain share scarcity, marking a pivotal moment for crypto firms.
- Gemini announced its initial public offering pricing at $28.00 per share, raising $425 million from selling 15,178,572 shares of Class A common stock.
- Trading of Gemini's Class A common stock is expected to start on the Nasdaq Global Select Market on September 12, 2025, under the ticker symbol 'GEMI'.
- The offering is expected to close on September 15, 2025, subject to customary closing conditions.
- Goldman Sachs & Co. LLC and Citigroup are acting as lead bookrunners for the offering.
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105 Articles
Why Did Gemini Space Station (GEMI) Stock Jump Today? @themotleyfool #stocks $GEMI $^GSPC $^IXIC
Key PointsGemini stock reached as high as $45.89 in its first day of trading after initially being listed at $28 a share.The crypto exchange raised $425 million from the IPO. This is the second successful crypto-related IPO in as many days. 10 stocks we like better than Gemini Space Station › Gemini Space Station (NASDAQ: GEMI) soared on Friday, finishing the day up 14.3%. The move comes as the S&P 500 (SNPINDEX: ^GSPC) was down slightly and the…
Gemini's stock rally shows it's a great week to IPO
Craig T Fruchtman/Getty ImagesGemini Space Station stock soared as much as 42% on Friday.The crypto exchange priced its IPO at $28 a share and raised $425 million.Shares of Klarna also popped earlier this week following its IPO. The move: Gemini Space Station stock soared as much as 64% to a high of $45.89 in its first day as a public company. The crypto exchange founded by Cameron and Tyler Winklevoss priced its initial public offering at $28 a…
Winklevoss twins' Gemini stock jumps over 30% in NYSE debut after pricing IPO above range
Shares of Gemini Space Station, the billionaire Winklevoss twins' crypto firm, jumped about 32% at the open Friday in the company’s New York Stock Exchange debut -- trading at $37.01 on the Nasdaq under the ticker symbol "GEMI."
Winklevoss twins’ crypto company Gemini joins tech IPO boom
The crypto industry’s year just keeps getting better and better. Gemini, the firm founded by billionaire twins Tyler and Cameron Winklevoss, is expected to start trading on Nasdaq Friday. It priced its IPO at $28 a share, $2 above the top end of its range, raising $425 million. Gemini probably could’ve gotten more given investor appetite, but it decided to cap its proceeds. Other listings in the sector, like stablecoin issuer Circle, have also s…
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