PANews reported on September 10th that Bloomberg reported that Gemini raised its US IPO fundraising target to $ 433 million, raising the price range from $ 17-19 per share to $ 24-26 per share, with 16.7 million shares offered. At the top end of the range, Gemini's valuation reaches $ 3.1 billion. Nasdaq has subscribed to $ 50 million in private placement shares. After the IPO , Gemini will be listed on Nasdaq under the ticker symbol GEMI . The company reported a net loss of $ 283 million in the first half of the year on revenue of $ 68.6 million.
Gemini raises US IPO fundraising target to $433 million
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