TechFlow news, June 2 — According to Bloomberg, Circle Internet Group Inc. and its shareholders have increased the size and price range of the company's initial public offering (IPO), reflecting strong investor demand.
As stated in a filing submitted Monday to the U.S. Securities and Exchange Commission (SEC), the company and certain existing shareholders now plan to sell 32 million shares, priced between $27 and $28 per share.
Previously, Circle and selling shareholders had planned to issue 24 million shares at a price range of $24 to $26 per share.
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