Company: CRCL
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001193125-25-132755
Chunk: 126

Company: Circle Internet Group, Inc.
Filing Date: 2025-06-02
Form: S-1/A
Chunk 126
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 RSU Vest and to use the remainder for working capital and other general corporate purposes, which may include:

| • |     | investment in new products and capabilities; |

| • |     | investment in expanding awareness, usage, and distribution of our products; and |

| • |     | potential acquisitions involving new products, offerings, and technologies, although we have no commitments with respect to 
 any such acquisitions at this time.                                                                                         |

We have not yet determined our anticipated expenditures and therefore cannot estimate the amounts to be used for each of the purposes discussed above. The amount and timing of our actual expenditures will depend upon numerous factors, including those described in “Risk factors,” “Management’s discussion and analysis of financial condition and results of operations,” “Business,” and elsewhere in this prospectus. Our management will retain broad discretion in the application of the net proceeds we receive from this offering, and investors will be relying on the judgment of our management regarding the application of the net proceeds. Pending the use of the proceeds from this offering, we intend to invest the net proceeds in a variety of capital preservation instruments, including short-term and long-term interest-bearing instruments, investment-grade securities, and direct or guaranteed obligations of the U.S. government. We cannot predict whether the proceeds invested will yield a favorable return. 84

Dividend policy

We have never declared or paid cash dividends. We intend to retain all available funds and any future earnings, if any, to fund the development and expansion of our
business, and we do not anticipate paying any cash dividends in the foreseeable future. Any future determination related to dividend policy will be made at the discretion of our board of directors and will depend upon, among other factors, our
results of operations, financial condition, capital requirements, contractual restrictions, business prospects, and other factors our board of directors may deem relevant.

85

Capitalization The following table sets forth our cash and cash equivalents (excluding cash and cash equivalents segregated for corporate-held stablecoins) and total capitalization (which we define as non-current liabilities, redeemable convertible preferred stock, and stockholders’ equity) as of March 31, 2025:

| • |     | on an actual basis; |

| • |     | on a pro forma basis to give effect to the Conversion; and |

| • |     | on a pro forma as adjusted basis to give further effect to (i) this offering, including our issuance and sale of                                                                                                                                    
 12,800,000 shares of Class A common stock at the assumed