Company: CRCL
Filing Date: 2025-08-12
Form Type: S-1
Source: 0001193125-25-178989
Chunk: 323

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-12
Form: S-1
Chunk 323
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 Release”). The Early Release will occur on the first date (the “Early Release Trigger Date”) that the following conditions are met: (1) 30 days from the date of the prospectus has passed and (2) the last reported closing price of our Class A Common Stock on the NYSE is at least 15% greater than the public offering price of the shares sold in this offering for at least 5 trading days (including the Early Release Trigger Date) in any period of 10 consecutive trading days subsequent to the consummation of this offering (the “Early Release Conditions”). If the Early Release Conditions are not met, the Early Release Shares will otherwise be released in accordance with the terms of the IPO lock-up agreements.

We and the selling stockholders have agreed to indemnify the underwriters against certain liabilities, including liabilities under the Securities Act.

Our Class A common stock is listed on the NYSE under the symbol “CRCL”.

In connection with this offering, the underwriters may engage in stabilizing transactions, which involve making bids for, purchasing, and selling shares of Class A common stock in the open market for the purpose of

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preventing or retarding a decline in the market price of the Class A common stock while this offering is in progress. These stabilizing transactions may include making short sales of Class A common stock, which involve the sale by the underwriters of a greater number of shares of Class A common stock than they are required to purchase in this offering, and purchasing shares of Class A common stock on the open market to cover positions created by short sales. Short sales may be “covered” shorts, which are short positions in an amount not greater than the underwriters’ option to purchase additional shares referred to above, or may be “naked” shorts, which are short positions in excess of that amount. The underwriters may close out any covered short position either by exercising their option to purchase additional shares, in whole or in part, or by purchasing shares in the open market. In making this determination, the underwriters will consider, among other things, the price of shares available for purchase in the open market compared to the price at which the underwriters may purchase shares through the option to purchase additional shares. A naked short position is more likely to be created if the underwriters are concerned that there may be downward pressure on the price of the Class A common stock in the open market that could adversely affect investors who purchase in this offering. To the extent that the