Company: CRCL
Filing Date: 2025-08-12
Form Type: S-1
Source: 0001193125-25-178989
Chunk: 478

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-12
Form: S-1
Chunk 478
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, with a fair value of $120.2 million, in connection with the Hashnote acquisition including shares accounted for as |

II-2

| 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 cashless exercise of those warrants. The warrants were issued in connection with a loan agreement with a bank of approximately $20 million, which was repaid in full in November 2019. 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. |

Item 16. Exhibits and financial statement schedules Exhibits The following documents are filed as part of this registration statement:

| 1.1     |     | Form of Underwriting Agreement                                                                                                                                                                                                                                            |
| 3.1+    |     | Amended and Restated Certificate of Incorporation (incorporated by reference to Exhibit 3.1 to our Current Report on Form 8-K filed with the SEC on June 6, 2025 (File No. 001-42671))                                                                                    |
| 3.2+    |     | Amended and Restated Bylaws (incorporated by reference to Exhibit 3.2 to our Current Report on Form 8-K filed with the SEC on June 6, 2026 (File No. 001-42671))                                                                                                          |
| 5.1     |     | Opinion of Davis Polk & Wardwell LLP                                                                                                                                                                                                                                      |
| 10.1+#† |     | Collaboration Agreement, dated August 18, 2023, between Circle Internet Financial, LLC and Coinbase Global, Inc. (incorporated by reference to Exhibit 10.1 to our Registration Statement on Form S-1 filed with the SEC on April 1, 2025 (File No. 333-286310))          |
| 10.2+#† |     | Stablecoin Ecosystem Agreement, dated