Gemini: IPO underwriters have fully exercised their option to purchase additional shares


the cryptocurrency trading platform Gemini Space Station announced that the IPO underwriter has fully exercised the option to purchase additional shares. Prior to this, the IPO issued a total of 15,937,501 shares of Class A common stock at a price of $28.00 per share. The shares sold include 300,565 shares sold by Gemini itself, as well as 458,364 shares sold by selling shareholders under the underwriter's over-allotment option. Goldman Sachs, Morgan Stanley, and Citigroup serve as joint bookrunners, while Mizuho, Truist Securities, and others serve as bookrunners.