Circle Sets IPO Share Price at $130 Amid Major Market Offering

Circle (CRCL.N) has locked in a significant milestone in its public market entry, establishing the offering price at $130 per share for a 10 million share placement. This pricing reflects market conditions and investor demand across multiple selling parties participating in the transaction.

The offering structure involves two distinct components, each contributing to the overall capital raise. Circle itself plans to issue 2 million Class A shares as part of the primary offering, while existing shareholders intend to distribute 8 million Class A shares through a secondary offering. This two-pronged approach sets a square price point that balances company fundraising objectives with shareholder liquidity needs.

The announcement, made public on August 15, follows Circle's initial disclosure just two days prior on August 13, when the company first outlined its IPO strategy and share issuance plans. The $130 per share price represents the culmination of regulatory approval processes and underwriter negotiations that preceded the final pricing decision.

This public offering marks a pivotal moment for Circle in accessing capital markets, with the $130 pricing establishing the baseline valuation for institutional and retail investors entering positions at this offering stage.