Company: CRCL
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001193125-25-132755
Chunk: 353

Company: Circle Internet Group, Inc.
Filing Date: 2025-06-02
Form: S-1/A
Chunk 353
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 the convertible notes is included in Other (expense) income, net in the unaudited Condensed Consolidated Statements of Operations. 15. Stockholders’ equity Common Stock In accordance with the Amended and Restated Certificate of Incorporation, effective as of July 1, 2024 (as the same may be amended from time to time, the “Charter”), as amended by that certain Certificate of Amendment to the Charter, effective December 30, 2024, the Company is authorized to issue 300.0 million shares of Class A Common Stock with a par value of $0.0001 per share (“Class A Common Stock”) and 300.0 million shares of Class B Common Stock with a par value of $0.0001 per share (“Class B Common Stock”). As of March 31, 2025, the Company has not issued any shares of Class B Common Stock. The voting, dividend and liquidation rights of the holders of the Class A common stock are subject to and qualified by the rights, powers, and preferences of the holders of the preferred stock as detailed in the Charter. The holders of Circle’s Class A common stock are entitled to one vote for each share of common stock held, subject to certain limitations pertaining to the Circle’s preferred stock. As of March 31, 2025 and December 31, 2024, the Company has the following number of common shares reserved (in thousands):

| Table 15. Details of Common Shares Reserved                       |     |     | March 31, 2025 |     |     | December 31, 2024 |
|:------------------------------------------------------------------|:----|:----|---------------:|:----|:----|------------------:|
| Conversion of Series A redeemable convertible preferred stock     |     |     |         33,621 |     |     |            33,621 |
| Conversion of Series B redeemable convertible preferred stock     |     |     |         17,586 |     |     |            17,586 |
| Conversion of Series C redeemable convertible preferred stock     |     |     |         18,445 |     |     |            18,445 |
| Conversion of Series D redeemable convertible preferred stock     |     |     |         23,203 |     |     |            23,203 |
| Conversion of Series E redeemable convertible preferred stock     |     |     |         37,436 |     |     |            37,