Company: CRCL
Filing Date: 2025-06-02
Form Type: S-1/A
Source: 0001193125-25-132755
Chunk: 438

Company: Circle Internet Group, Inc.
Filing Date: 2025-06-02
Form: S-1/A
Chunk 438
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 of convertible notes. No underwriters were involved in this transaction. The transaction 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 2,862,175 shares of our Class A common stock to a commercial counterparty.                                                                                                                           
 No underwriters were involved in this transaction. The transaction 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.                                                                                                                                                                                                                                             |

| • |     | During the years ended December 31, 2022, 2023, and 2024, stock options to purchase 509,776 shares, 989,800 shares,                                                                                                                                  
 and 1,220,764 shares, respectively, were exercised, at weighted-average exercise prices of $1.10, $1.05, and $1.32, respectively. During the three months ended March 31, 2025, stock options to purchase 1,008,654 shares were exercised, at a      
 weighted-average exercise price of $0.64. The issuance of the shares upon exercise were exempt from registration under Section 4(a)(2) of the Securities Act in that the transaction was between an issuer and sophisticated investors or members of 
 its management and did not involve any public offering or under Rule 701 promulgated under the Securities Act in that the transactions were under compensatory benefit plans and contracts relating to compensation.                                 |

| • |     | In January 2025, we issued 3,857,332 shares of our Class A common stock, with a fair value of $120.2 million, in connection                                                                                                                            
 with the Hashnote acquisition including shares accounted for as compensation for post-combination services. The securities were issued to the sellers in the Hashnote acquisition. No underwriters were involved in this transaction. This transaction 
 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.                                                           |

| • |     | In February 2025, we issued an aggregate of 45,414 shares of Series E redeemable convertible preferred stock and 1,130,314                                                                                                                      
 shares of our Class A common stock to warrant holders upon the cash