{"id":8220,"date":"2022-02-18T00:27:42","date_gmt":"2022-02-18T00:27:42","guid":{"rendered":"http:\/\/egrowonline.com\/?p=8220"},"modified":"2022-02-18T00:27:42","modified_gmt":"2022-02-18T00:27:42","slug":"usd-coin-issuer-circle-pushes-back-public-offering","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=8220","title":{"rendered":"USD Coin Issuer Circle Pushes Back Public Offering"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Circle Internet Financial Ltd., the crypto-focused firm that manages USD Coin, the second-largest stablecoin, pushed back the timetable for an initial public offering following its planned merger with a special-purpose acquisition company, or SPAC.<\/p>\n<p>The firm renegotiated its <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/cryptocurrency-operator-circle-to-go-public-in-4-5-billion-spac-merger-11625754758?mod=article_inline\" class=\"icon none\" rel=\"noopener\">July 2021 agreement<\/a> with  Concord Acquisition Corp. , extending its \u201ctermination date\u201d for a public offering to Dec. 8, 2022, from April 3, according to a filing with the Securities and Exchange Commission. The company said the new date was necessary \u201cfor a variety of reasons outside the parties\u2019 control.\u201d While it has filed an S-4 form with the SEC, the commission hasn\u2019t yet declared the prospectus effective.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.wsj.com\/articles\/usd-coin-issuer-circle-pushes-back-public-offering-11645126957\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Circle Internet Financial Ltd., the crypto-focused firm that manages USD Coin, the second-largest stablecoin, pushed back the timetable for an initial public offering following its planned merger with a special-purpose acquisition company, or SPAC. The firm renegotiated its July 2021 agreement with Concord Acquisition Corp. , extending its \u201ctermination date\u201d for a public offering to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[39],"tags":[5223,268,5233,983,1004,598,1018],"class_list":["post-8220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ico","tag-circle","tag-coin","tag-issuer","tag-offering","tag-public","tag-pushes","tag-usd"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/02\/1645144060_social.jpeg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8220"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8220\/revisions"}],"predecessor-version":[{"id":8222,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8220\/revisions\/8222"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/8221"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8220"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}