Circle prices 10M share public offering at $130 each

* Circle Internet Group (NYSE:CRCL [https://seekingalpha.com/symbol/CRCL]) Thursday announced [https://seekingalpha.com/pr/20202186-circle-announces-pricing-of-public-offering] the pricing of its public offering of 10,000,000 shares of its Class A common stock at a public offering price of $130.00 per share.
* Circle is offering 2M Class A shares, while selling stockholders are offering 8M shares.
* In connection with the offering, Circle (NYSE:CRCL [https://seekingalpha.com/symbol/CRCL]) has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Class A common stock.
* The closing of the offering is expected to occur on August 18.
* Circle Internet Group (CRCL [https://seekingalpha.com/symbol/CRCL]) dipped 2% in after-hours trading but remains up 350% year-to-date.

MORE ON CIRCLE INTERNET GROUP, INC.

* Circle: My Bull Case Is Now Broken (Q2 Earnings Review) [https://seekingalpha.com/article/4812990-circle-my-bull-case-is-now-broken-q2-earnings-review]
* Circle: Q2 Earnings Not Good Enough [https://seekingalpha.com/article/4813005-circle-q2-earnings-not-good-enough]
* Circle: Golden Buying Opportunity Before Earnings [https://seekingalpha.com/article/4811746-circle-golden-buying-opportunity-before-earnings]
* Tiger Global takes new stake in Circle, increases position in Amazon in Q2 moves [https://seekingalpha.com/news/4485624-tiger-global-takes-new-stake-in-circle-increases-position-in-amazon-in-q2-moves]
* Circle Internet stock shares slide after stock offering launched [https://seekingalpha.com/news/4484765-circle-internet-stock-shares-slide-after-stock-offering-launched]