{"id":42353,"date":"2025-08-15T10:16:51","date_gmt":"2025-08-15T10:16:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42353"},"modified":"2025-08-15T10:16:51","modified_gmt":"2025-08-15T10:16:51","slug":"circle-to-offer-10-million-class-a-shares-at-130-each","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42353","title":{"rendered":"Circle to Offer 10 Million Class A Shares at $130 Each"},"content":{"rendered":"<div>\n<p>Circle (CRCL) plans to offer 10 million shares in a secondary stock sale <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250814806194\/en\/Circle-Announces-Pricing-of-Public-Offering\">priced at $130 per share<\/a>, more than four times to price of its initial public offering in June.<\/p>\n<p>The stablecoin issuer behind the USDC token is itself <a href=\"https:\/\/www.coindesk.com\/business\/2025\/08\/12\/circle-dips-6-after-hours-on-10m-share-secondary-offering\">offering 2 million shares of Class A common stock, <\/a>it said in a Tuesday filing with the U.S. Securities and Exchange Commission (SEC). Existing shareholders putting up the other 8 million. <\/p>\n<p>The company will use the proceeds from the sale of its shares for general corporate purposes. It won&#8217;t receive any proceeds from the shareholders&#8217; sale.<\/p>\n<p>The shares debuted on the New York Stock Exchange in early June after being priced at $31. They soared on trading, rising as much as 235% on the first day before closing at $83. The stock hit a record $298.99 on June 23 and <a href=\"https:\/\/finance.yahoo.com\/quote\/CRCL\/\">closed Thursday at $139.23<\/a>, a loss of over 9% on the day. <\/p>\n<p>CRCL shares were recently 1.63% lower at $136.98 in pre-market trading.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Circle (CRCL) plans to offer 10 million shares in a secondary stock sale priced at $130 per share, more than four times to price of its initial public offering in June. The stablecoin issuer behind the USDC token is itself offering 2 million shares of Class A common stock, it said in a Tuesday filing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42353","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42353"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42353\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}