Company: CRCL
Filing Date: 2025-05-27
Form Type: S-1/A
Source: 0001193125-25-126208
Chunk: 313

Company: Circle Internet Group, Inc.
Filing Date: 2025-05-27
Form: S-1/A
Chunk 313
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 to purchase, lend, or otherwise transfer
or dispose of, directly or indirectly, any shares of Class A common stock or any securities convertible into or exercisable or exchangeable for shares of Class A common stock (including, without limitation, Class A common stock or such other
securities which may be deemed to be beneficially owned by such lock-up parties in accordance with the rules and regulations of the SEC and securities which may be issued upon exercise of a stock option or
warrant (collectively with the Class A common stock, the “lock-up securities”)), or (2) enter into any hedging, swap, or other agreement or transaction that transfers, in whole or in part, any
of the economic consequences of ownership of the lock-up securities, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of
lock-up securities, in cash or otherwise, in each case, without the prior written consent of J.P. Morgan Securities LLC. The lock-up parties have further acknowledged and agreed not to make any demand
for, or exercise any right with respect to, the registration of any lock-up securities, or publicly disclose the intention to do any of the foregoing, in each case, without the prior written consent of J.P.
Morgan Securities LLC. J.P. Morgan Securities LLC may waive the requirements of the lock-up agreements at any time in its sole discretion. We have agreed that we will not waive the market standoff provision in
any stockholder agreement without the prior written consent of J.P. Morgan Securities LLC. Notwithstanding the foregoing, if the stockholder is an employee of ours and is not a selling stockholder in this offering or an officer as defined under
Section 16 of the Exchange Act, then on the date that is the second trading day after we publicly announce our earnings for the quarter ending June 30, 2025, 15% of the aggregate number of shares of Class A common stock and shares underlying vested
equity

220

awards that settle in Class A common stock, in each case held by such employee as of such date will be released from the foregoing restrictions (approximately 1.4 million shares of Class A common
stock will be released pursuant to this provision). See “Underwriting.”

Registration rights

Upon completion of this offering, the holders of approximately 141,031,717 shares of Class A common stock will be entitled to various rights with respect to the
registration of these shares under the Securities Act.