Gemini successfully logged on to Nasdaq, underwriters fully exercised their over-allotment options
Source: ChainCatcher
Time: 2025-09-16 19:08:16
According to ChainCatcher, global cryptocurrency trading platform Gemini announced on September 15 that it had completed its initial public offering (IPO), issuing a total of 15.9375 million Class A common shares at an issue price of US$28.00 per share. The underwriter has fully exercised the option of over-allotment, of which 300,600 shares were issued by Gemini and 458,400 shares were sold by seller shareholders.
Gemini's Class A common stock was officially listed on Nasdaq on September 12 under the stock code "GEMI". As a crypto trading platform founded in 2014 by brothers Cameron and Tyler Winklevoss, the successful listing marks the second mainstream cryptocurrency exchange to enter the traditional capital market after Coinbase.
Goldman Sachs & Co. LLC and Citigroup serve as joint lead underwriters for this IPO.