Company: CRCL
Filing Date: 2025-08-04
Form Type: DRS
Source: 0000950123-25-006942
Chunk: 324

Company: Circle Internet Group, Inc.
Filing Date: 2025-08-04
Form: DRS
Chunk 324
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5, J.P. Morgan Securities LLC released 943,450 shares of Class A common stock held by certain of our employees from lock-up restrictions. On July 1, 2025, J.P. Morgan Securities LLC released (i) 616,142 shares of
Class A common stock held by a bankruptcy recovery trust and (ii) 5,925 shares of Class A common stock held by a former employee from the lock-up restrictions. We, our directors and executive officers, the selling stockholders and
holders of our capital stock will not enter into any lock-up or related agreements in connection with this offering; however, except as described below, the lock-up agreements entered into in connection with our initial public offering will remain
in full force and effect.

In connection with this offering, J.P. Morgan Securities LLC has agreed to waive certain restrictions under the company lock-up
and to release shares of Class A common stock held by certain selling stockholders in this offering from the restrictions under the lock-up agreements entered into in connection with our initial public offering and
to permit the filing of the registration statement of which this prospectus forms a part.

In addition, for selling stockholders that are not directors,
officers or employees of the Company, and for certain other investors with participation rights, J.P. Morgan Securities LLC has agreed to release up to 10 million shares of Class A Common Stock (the “Early Release Shares”) on a
pro rata basis to such investors’ total shareholdings at the time of the release (the “Early Release”). The Early Release will occur on the first date (the “Early Release Trigger Date”) that the following conditions are met:
(1) 30 days from the date of the prospectus has passed and (2) the last reported closing price of our Class A Common Stock on the NYSE is at least 15% greater than the public offering price of the shares sold in this offering for at
least 5 trading days (including the Early Release Trigger Date) in any period of 10 consecutive trading days (the “Early Release Conditions”). If the Early Release Conditions are not met, the Early Release Shares will otherwise be released
in accordance with the terms of the original IPO lock-up agreements.

We and the selling stockholders have agreed to indemnify the underwriters against
certain liabilities, including liabilities under the Securities Act.

Our Class A common stock is listed on the NYSE under the symbol
“CRCL”.

In connection with this offering, the underwriters