Company: CRCL
Filing Date: 2025-04-01
Form Type: S-1
Source: 0001193125-25-070481
Chunk: 120

Company: Circle Internet Group, Inc.
Filing Date: 2025-04-01
Form: S-1
Chunk 120
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 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. 81

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, business strategy, technology, and plans and objectives of management for future operations, are forward-looking statements. Many of the forward-looking statements contained in this prospectus can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate,” “will,” and “potential,” among others. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to, the following:

| • |     | we face intense and increasing competition; |

| • |     | competition from new and existing issuers offering competing products, combined with the rise of yield-bearing digital                              
 assets, including TMMFs, that are attractive to digital asset trading participants, may reduce market demand and circulation of Circle stablecoins; |

| • |     | stablecoins may face periods of uncertainty, loss of trust, or systemic shocks resulting in the potential for rapid                                                                                                                            
 redemption requests (or runs), and extreme scenarios, such as market shocks that affect the value of USDC’s reserves or simultaneous requests to redeem all or substantially all USDC in circulation, or concerns related to Circle stablecoin 
 reserves, may lead to redemption delays and USDC reserves being insufficient to meet