Bloomberg: IPOX® Founder Josef Schuster Comments on Circle’s Opportunistic Early Share Sale

Bloomberg reported that Circle Internet Group Inc. is capitalizing on its post-IPO surge by announcing the sale of 10 million shares - worth about $1.4 billion at current market prices - just two months after going public. The sale, which includes shares from Circle itself and major insiders, comes well before typical lock-up expirations and follows a 349% rise in the company’s stock since its debut in early June.

In the article, Josef Schuster, founder of IPOX® Schuster, noted:

“It’s an opportunistic move by them that makes sense and that’s how risk gets transferred into public market.”

The two-day marketed offering was oversubscribed and is expected to price on Thursday, signaling continued investor appetite despite the rapid timeline. Bloomberg highlighted that such quick return offerings were more common during the dot-com boom and have recently reappeared among select high-performing IPOs.

Read the full article by Anthony Hughes on the Bloomberg Terminal: Circle Insiders Rush to Lock In 349% Surge With Early Share Sale