USDC Issuer Circle Increases IPO Price Following BlackRock’s Interest

The Circle IPO is taking shape, with the USDC issuer filing an amended S-1 form for its proposed share sale to the public. This comes following reports that asset manager BlackRock plans to buy up to 10% of the public offering. Circle IPO Price Shoots Up Amid BlackRock’s Interest The USDC issuer has filed an amended S-1 form for its initial public offering, in which it intends to offer its Class A common stock for between $27 and $28 per share. This represents an increase from the original IPO price of between $24 and $26 per share. The Circle IPO will offer 12.8 million shares of the company’s Class A common stock, with selling stockholders offering 19.2 million shares of the Class A common stock. This is also an upgrade from the initial $24 million shares, which the company was earlier offering under the initial S-1 form. Circle will not… Read More at Coingape.com

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