Gemini Files for NASDAQ Listing Amid Crypto IPO Surge
6
2
BTCCSquare news:
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has formally applied to list on the NASDAQ under the ticker symbol GEMI. The firm's S-1 filing with the SEC reveals plans to offer 16 million Class A shares at a projected price range of $17-$19 per share, with Goldman Sachs, Citigroup, and Morgan Stanley leading the underwriting syndicate.
The MOVE comes as institutional interest in crypto-related public offerings reaches new highs. Gemini's filing includes a standard 30-day option for underwriters to purchase an additional 2.5 million shares, though the final offering size remains subject to market conditions. Notably absent from the document is a specific timeline for the IPO's completion.
By:
