Company: CRCL
Filing Date: 2025-04-18
Form Type: S-1/A
Source: 0001193125-25-084832
Chunk: 40

Company: Circle Internet Group, Inc.
Filing Date: 2025-04-18
Form: S-1/A
Chunk 40
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 neither our Chief    
 Executive Officer nor Chairperson of our board of directors, and (4) five years after the closing of this offering. Our Class C common stock is convertible into Class A common stock on a one-for-one basis in connection with certain assignments and  
 transfers. See “Description of capital stock—Common stock—Conversion, exchange, and transferability.”                                                                                                                                                    |

| Use of proceeds | We estimate that the net proceeds to us from this offering will be approximately $   million, or approximately $   million if the underwriters exercise their option to purchase additional shares in full, assuming an                 
 initial public offering price of $   per share, which is the midpoint of the price range set forth on the cover page of this prospectus, after deducting underwriting discounts and commissions and estimated offering expenses payable 
 by us.                                                                                                                                                                                                                                  |

| We intend to use $   of the net proceeds from this offering to satisfy tax withholding and remittance obligations in connection with the vesting and net settlement of certain outstanding RSUs previously 
 granted to our directors, officers, and employees, which will vest in connection with this offering, and to use the remainder for working capital and other general corporate purposes.                    |

See “Use of proceeds” for a more complete description of the intended use of proceeds from this offering.

| We will not receive any proceeds from sales of shares of Class A common stock by the selling stockholders. |

| Risk factors | See “Risk factors” and the other information included in this prospectus for a discussion of factors you should consider before deciding to invest in our Class A common stock. |

| Proposed stock exchange symbol | “CRCL” |

The number of shares of Class A common stock, Class B common stock and Class C common stock that will be outstanding after this offering is based on shares of Class A common stock, shares of Class B common stock and no shares of Class C common stock outstanding as of December 31, 2024, after giving effect to (i) the conversion of all outstanding shares of preferred stock into shares of Class A common stock and the conversion of all outstanding shares of Class A common stock held by Jeremy Allaire and P. Sean Neville and certain entities controlled by Jeremy Allaire or P. Sean Neville into Class B common stock (collectively, the “Conversion”), which will occur immediately prior to the completion of this offering, and (ii) the vesting of outstanding RSUs for which all vesting conditions will be