USDC Issuer Drops on Stock Sale Offering

CIRCULATED (CRCL)the steady issuer behind the USDC token, announced Tuesday a secondary stock of 10 million actions.

The company offers 2 million class a common room for sale, while you sell the action are downloading another 8 million, according to a S-1 Archion of S-1 with the Commission and the US Exchange Commission (Sec). I am The subscription greenshoe option is for another 1.5 million of the action.

Circle stock has decreased 6% in ax. It is faded almost 50% from the high registry of $ 299, but always at five times from the price of $ 31.

The offerent comes about two months after the center of the high school exchange debut, who saw his / her stock ten stock in the appetition of investment to achieve exposure of clothing market.

First the Tuesday, the firm reported $ 428 million for the second trimester of the year.

Read more: Circle prevents bowl layer of arc, report $ 428 million q2 loss