Gemini Raises IPO Target to $433M at $3.1B Valuation After Strong Investor Demand

Gemini Space Station Inc. increased its initial public offering target to $433. 3 million after oversubscribed demand prompted a price range increase to $24-$26 per share from the original $17-$19 range, achieving a $3. 1 billion valuation at the top of the elevated range while Nasdaq committed $50 million in a private placement contingent on successful closing. source: https://cryptonews.com/news/gemini-raises-ipo-target-to-433m-at-3-1b-valuation-after-strong-investor-demand/