Company: CRCL
Filing Date: 2025-08-12
Form Type: S-1
Source: 0001193125-25-178989
Chunk: 107

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-12
Form: S-1
Chunk 107
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. If a substantial number of shares become available for sale and are sold in a short period of time, the market price of our Class A common stock could decline. Sales of a substantial number of shares of Class A common stock in the public market, or the perception in the market that the holders of a large number of shares of Class A common stock (or securities convertible into shares of Class A common stock) intend to sell shares, could reduce the market price of our Class A common stock. As of June 30, 2025, after giving effect to our issuance and sale of 2,000,000 shares of Class A common stock in this offering, we would have had 211,602,981 shares of Class A common stock outstanding (or 213,102,981 shares of Class A common stock if the underwriters exercise their option to purchase additional shares in full), 18,962,023 shares of Class B common stock outstanding, and no shares of Class C common stock outstanding. This includes 39,100,000 shares of Class A common stock that we and the selling stockholders sold 63

in our initial public offering and 10,000,000 shares of Class A common stock that we and the selling stockholders are selling in this offering (or 11,500,000 shares of Class A common stock if the underwriters exercise their option to purchase additional shares in full), all of which may be freely transferred without restriction or registration under the Securities Act, except for any shares purchased by one of our “affiliates,” as that term is defined in Rule 144 under the Securities Act. Substantially all of our remaining shares outstanding are currently subject to transfer restrictions as a result of securities laws, lock-up agreements or market standoff agreements described in the “Underwriting (Conflicts of Interest)” section of this prospectus but will become eligible to be sold at the expiration of the lock-up period or upon early release by J.P. Morgan Securities LLC. On or prior to the date of this prospectus, J.P. Morgan Securities LLC has agreed to release 11,499,125 shares of Class A common stock from the foregoing restrictions, including 8,000,000 shares of Class A common stock to be released to the selling stockholders in connection with this offering, and 33,608 shares of Class A common stock issuable upon the exercise of options held by one of our executive officers from the foregoing restrictions, effective as of August 15, 2025. Substantially