Company: CRCL
Filing Date: 2025-08-04
Form Type: DRS
Source: 0000950123-25-006942
Chunk: 117

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-04
Form: DRS
Chunk 117
---
 not achieve our intended outcomes, for example, due to technical difficulties migrating the acquired products into our ecosystem. Moreover, the companies we acquire may have different risk tolerances than ours, which could result in decisions that do not enhance our competitive position or achieve our strategic goals. Acquisitions may also require regulatory approvals that are costly or time-consuming to obtain, and any difficulties or delays in complying with such regulatory requirements would hinder our strategic objectives. We may also lose certain pre-existing business relationships as a result of new acquisitions, given the highly competitive nature of the digital asset industry. Furthermore, any acquisitions we complete could be viewed negatively by our customers, shareholders, and the market. We may not be aware of all of the risks associated with the acquired business. In addition, an acquisition may result in unforeseen operating difficulties and expenditures, such as the following:

| • |     | difficulties integrating businesses, services, personnel, operations, and financial and other controls and 
 systems and retaining key employees;                                                                       |

| • |     | assumption of unknown liabilities, known contingent liabilities that become realized, or known liabilities that 
 prove greater than anticipated;                                                                                 |

| • |     | difficulties retaining the customers or employees of any acquired business; |

| • |     | incurrence of debt, contingent liabilities, or future write-offs of intangible assets or goodwill; |

| • |     | entry into a new market or business line in which we have no prior experience and in which we may not 
 successfully compete; and                                                                             |

| • |     | integration of an acquired company, which may disrupt ongoing operations and require management resources that 
 would otherwise be used in developing our existing business.                                                   |

Foreign acquisitions involve unique risks in addition to those mentioned above, including those related to integration of operations across different cultures and languages, currency risks, and the particular economic, political, and regulatory risks associated with specific countries. Any such acquisitions may reduce cash available for operations and other uses and could result in amortization expense related to identifiable assets acquired. We may have to pay cash, incur debt, or issue equity securities to pay for any such acquisition. 67

CONFIDENTIAL TREATMENT REQUESTED BY CIRCLE INTERNET GROUP, INC. PURSUANT TO 17 C.F.R. § 200.83 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This prospectus contains statements that are forward-looking statements. All statements other than statements of historical facts contained in this prospectus, including statements regarding our future results of operations and financial position,