Gemini Space Station Inc. increased the potential size of its initial public offering to $433.3 million, after the oversubscribed listing drew a private placement from another exchange operator.
The cryptocurrency firm led by the billionaire Winklevoss twins raised the price range to $24 to $26 per share from $17 to $19, according to a filing with the US Securities and Exchange Commission on Tuesday. The company is still offering 16.7 million shares in the IPO.