Company: CRCL
Filing Date: 2025-04-01
Form Type: S-1
Source: 0001193125-25-070481
Chunk: 353

Company: Circle Internet Group, Inc.
Filing Date: 2025-04-01
Form: S-1
Chunk 353
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 | December 31, 2023 |
|:------------------------------------------------------------------|:----|:----|------------------:|:----|:----|------------------:|
| 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     |     |     |            37,391 |     |     |            36,867 |
| Conversion of Series F redeemable convertible preferred stock     |     |     |             9,516 |     |     |             9,516 |
| Common stock issuable in connection with business combinations    |     |     |               548 |     |     |             2,036 |
| Common stock issuable under stock award plan                      |     |     |            42,694 |     |     |            35,353 |
| Common stock available for future issuance under stock award plan |     |     |             9,649 |     |     |               763 |
| Total                                                             |     |     |           192,653 |     |     |           177,390 |

Treasury Stock In September and October 2023, the Company entered into an agreement with certain employees and a Director of the Company and repurchased 0.3 million common shares at a price of $25.09 per share. These shares repurchased were canceled in December 2023. Warrants In April 2023, the Company entered into an agreement with a commercial counterparty to grant warrants to purchase up to 4.5 million common shares of a consolidated subsidiary that will be automatically converted one for one with common shares of Circle Group upon exercise. The warrants have an exercise price of $42.14 per share and an exercise period of ten years from the grant date. The warrants are subject to certain service conditions to be achieved over a two-year period and performance conditions to be achieved over a five-year period. The fair value of the