Circle IPO hits $1.1 billion as the firm sells shares above marketed range: report 💰
Circle, with backing from CEO Jeremy Allaire and others, has successfully raised about $1.1 billion by selling 34 million shares. The shares were priced at approximately $31 each, exceeding the anticipated range. This financial milestone reflects Circle's growing influence and market presence.
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CIRCLE SHARES INDICATED TO OPEN BETWEEN $56-$58 IN NYSE DEBUT VS $31 IPO PRICE
CIRCLE SHARES INDICATED TO OPEN 100% ABOVE ITS $31 IPO PRICE AT $60-$62
