Gemini Space Station, Inc. Pricing Details for Initial Public Offering
Gemini Space Station, Inc., a prominent player in the global cryptocurrency landscape, has unveiled the financial specifics surrounding its initial public offering (IPO). Scheduled for September 12, 2025, the company is set to offer approximately 15,178,572 shares of Class A common stock, pricing each share at $28.00.
This move marks a significant milestone for Gemini, which intends to leverage its public listing to bolster its outreach in the cryptocurrency market. The company's share offering will also include an option for underwriters to purchase additional shares - up to 300,565 shares from Gemini, and 458,364 shares from selling shareholders - to accommodate over-allotments, a common practice in equity markets.
The IPO is anticipated to close on September 15, 2025, contingent upon fulfilling standard closing conditions. During this critical transition, Gemini's Class A common stock will trade under the ticker symbol
GEMI on the Nasdaq Global Select Market.
Underwriters and Bookrunners
Leading this extensive offering are Goldman Sachs & Co. LLC and Citigroup, who are acting as the lead bookrunners. They will be joined by other notable financial institutions, including Morgan Stanley and Cantor, undertaking primary bookrunning tasks. A variety of co-managers, such as Academy Securities and AmeriVet Securities, are also playing key roles in facilitating this offering.
Transparency and Regulations
Gemini emphasizes that the offering will be conducted solely via a prospectus, following regulatory approval from the Securities and Exchange Commission (SEC). Interested investors can access this prospectus through EDGAR on the SEC's website at
www.sec.gov. Alternatively, interested parties can obtain copies directly from Goldman Sachs or Citigroup.
It's important to note that this announcement does not constitute a sales offer, nor does it solicit an invitation to buy these securities in jurisdictions where such trades aren't permitted unless properly registered or qualified.
About Gemini
Founded in 2014 by the Winklevoss twins, Cameron and Tyler, Gemini has developed a robust suite of services and products for individuals and institutions operating in over 60 countries. The platform prides itself on reliability, security, and a user-friendly approach to cryptocurrency transactions, contributing to the evolution of finance in a digital age.
As the company gears up towards this monumental shift, stakeholders await what promises to be a transformative phase for Gemini. The IPO is not just a financial maneuver but a testament to the growing acceptance and maturation of cryptocurrency solutions in mainstream finance.
For further details, media and investors can connect through the Gemini Investor Relations department or reach marketing representatives via the provided contact methods. This IPO could potentially reshape the investing landscape, with Gemini positioned at the helm of a new financial frontier.