Company: CRCL
Filing Date: 2025-04-01
Form Type: S-1
Source: 0001193125-25-070481
Chunk: 389

Company: Circle Internet Group, Inc.
Filing Date: 2025-04-01
Form: S-1
Chunk 389
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 of the Securities Act in that the 
 transaction was between an issuer and a sophisticated investor and did not involve any public offering.                                                                                                                                          |

| • |     | In August 2023, we issued 8,367,442 shares of our common stock, with a fair value of $209.9 million, as consideration for                                                                                                                          
 the Centre Acquisition. The securities were issued to a digital assets exchange. No underwriters were involved in this offering. The issuance was exempt from registration under Section 4(a)(2) of the Securities Act in that the transaction was 
 between an issuer and a sophisticated investor and did not involve any public offering.                                                                                                                                                            |

| • |     | On July 1, 2024, we consummated a scheme of arrangement, pursuant to which issued ordinary shares and preferred shares in                                                                                                                                 
 the capital of Circle Internet Financial Limited were cancelled and, in connection with such cancellation, Circle Internet Group, Inc. issued an equivalent number of shares of its capital stock of the same class and series to then-shareholders of    
 Circle Internet Financial Limited. In this transaction, we issued 55,881,969 shares of Class A common stock, 33,620,690 shares of Series A preferred stock, 17,586,205 shares of Series B preferred stock, 18,445,443 shares of Series C preferred stock, 
 23,202,679 shares of Series D preferred stock, 36,866,587 shares of Series E preferred stock and 9,515,886 shares of Series F preferred stock. The securities were exempt from registration under Section 3(a)(10) of the Securities Act in that the      
 securities were issued in exchange for outstanding securities of Circle Internet Financial Limited pursuant to a scheme of arrangement whose terms and conditions were approved, after a hearing upon the fairness of such terms and conditions at which  
 all shareholders of Circle Internet Financial Limited had the right to appear, by the Irish High Court.                                                                                                                                                   |

II-2

| • |     | In September 2024, we issued 524,009 shares of Series E redeemable convertible preferred stock upon the conversion of                                                                                                                           
 approximately $8.3 million principal amount of convertible notes. No underwriters were involved in this issuance. The issuance was exempt from registration under Section 3(a)(9) of the Securities Act in that the securities were issued upon 
 conversion of existing securities.                                                                                                                                                                                                              |

| • |     | In December 2024, we issued warrants to purchase 2