Company: CRCL
Filing Date: 2025-04-01
Form Type: S-1
Source: 0001193125-25-070481
Chunk: 73

Company: Circle Internet Group, Inc.
Filing Date: 2025-04-01
Form: S-1
Chunk 73
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 to recruit and retain qualified employees and preserve our company culture, and divert our management’s attention from day-to-dayactivities in order to manage our growth. If we do not successfully manage our growth, we may experience erosion to our brand, the quality of our products and services may suffer, and our company culture may be harmed. Furthermore, we may be subject to significant liability resulting from any noncompliance with laws, be unable to obtain and maintain operating licenses or other authorizations, and experience loss of bank relationships that could substantially impair or even suspend company operations. The future growth of our business depends on our ability to retain existing customers, attract new customers, manage our relationships with business and distribution partners, expand product offerings, and increase processed volumes and revenue from both new and existing customers. Under our standard API services agreement, our customers are not subject to any minimum volume commitments, and they have no obligation to continue to use our services. A customer’s use of our services may decrease for a variety of reasons, some of which are beyond our control, including:

| • |     | the customer’s level of confidence in and/or satisfaction with our products and services; |

| • |     | the effectiveness of our support services; |

| • |     | the pricing of our products and services; |

| • |     | the pricing, range, and quality of competing products or services; |

| • |     | the effects of global economic conditions, regulatory or financial institution limitations, and trust, perception, and 
 interest in the digital asset industry and in our products and services; or                                            |

| • |     | reductions in the customer’s payment activity. |

Although there are complexities and costs associated with switching to a competitor, such costs may not be significant enough to prevent a customer from switching service providers, especially for larger customers who 52

commonly engage more than one financial services provider at any one time. Therefore, there can be no assurance that we will be able to sustain our rate of growth or that we will retain existing customers. We are constantly evaluating opportunities to expand our product offerings and the territories in which we offer our products. However, we have limited financial and management resources. As part of our resource allocation decisions, we may prioritize the development of certain products or expansion into certain territories. Such decisions involve inherent subjectivity and uncertainty, and there can be no assurance that we will not forgo or delay the pursuit of opportunities that later prove to have greater commercial potential and market acceptance. Our resource allocation decisions may cause us to fail