The Next Big Crypto IPO? Everything You Need to Know About Gemini’s Stock Offering
American crypto exchange Gemini is the latest crypto firm taking its company public, enabling investors in traditional financial markets to gain exposure to its business via shares of GEMI.
Shares in the New York-based firm are expected to begin trading Friday, concluding the IPO process that first began when it filed its intentions with the SEC in June.
Here’s everything you need to know about the Gemini IPO.
More than 16 million shares of GEMI will be offered by the exchange in the price range of $24-26, potentially netting the firm around $433 million in IPO proceeds based on its recent upsized filing.
Even at that number, which increased from a previously expected share price range of $17-19, Reuters Source link
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