Gemini: IPO Underwriters Fully Exercise Option to Purchase Additional Shares

According to a report by Jinse Finance, cryptocurrency exchange platform Gemini Space Station announced that IPO underwriters have fully exercised their option to purchase additional shares. Previously, a total of 15,937,501 Class A common shares were issued in the IPO at a price of $28.00 per share. The shares sold included 300,565 shares sold directly by Gemini and 458,364 shares sold by selling shareholders under the underwriters' overallotment option. Goldman Sachs, Morgan Stanley, and Citigroup served as lead book-running managers, while Mizuho, Truist Securities, and others acted as book-running managers.