Company: CRCL
Filing Date: 2025-08-12
Form Type: S-1
Source: 0001193125-25-178989
Chunk: 117

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-12
Form: S-1
Chunk 117
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 DIVIDEND POLICY
We have never declared or paid cash dividends. We intend to retain all available funds and any future earnings, if any, to fund the development and expansion of our business, and we do not anticipate paying any cash dividends in the foreseeable future. Any future determination related to dividend policy will be made at the discretion of our board of directors and will depend upon, among other factors, our results of operations, financial condition, capital requirements, contractual restrictions, business prospects, and other factors our board of directors may deem relevant.

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CAPITALIZATION The following table sets forth our cash and cash equivalents (excluding cash and cash equivalents segregated for corporate-held stablecoins) and total capitalization (which we define as non-current liabilities, and stockholders’ equity) as of June 30, 2025:

| • |     | on an actual basis; and |

| • |     | on an as adjusted basis to give effect to this offering, including our issuance and sale of 2,000,000 shares of Class A common stock at the assumed public offering price of $159.03 per share, which was the last reported sale price of our Class A common stock on the NYSE on August 8, 2025, and after deducting underwriting discounts and commissions and estimated offering expenses payable by us. |

You should read this table in conjunction with “Management’s discussion and analysis of financial condition and results of operations” and our consolidated financial statements, including the notes thereto, included in this prospectus.

|                                                                                                                     |     | As of June 30, 2025              |            |   |     |                |            |   |
|:--------------------------------------------------------------------------------------------------------------------|:----|:---------------------------------|-----------:|:--|:----|:---------------|-----------:|:--|
|                                                                                                                     |     | Actual                           |            |   |     | As adjusted(1) |            |   |
|                                                                                                                     |     | -in thousands, except share data |            |   |     |                |            |   |
| Cash and cash equivalents(2)                                                                                        |     | $                                |  1,118,119 |   |     | $              |  1,427,519 |   |
| Non-current liabilities                                                                                             |     |                                  |     52,243 |   |     |                |     52,243 |   |
| Stockholders’ equity:                                                                                               |     |