US IPOs and Secondary Offerings, IPO Boutique

IPO Boutique

US IPOs and Secondary Offerings

For more than 20 years, we have been providing research, analysis, commentary and ratings on US Equity Capital Markets to institutional investors (US IPOs and Secondary Offerings). Our vast network of contacts across the Equity Capital Markets and attention-to-detail sets us apart from our competitors.

Since 2012, we have achieved a successful hit rating on 89% of Buy-rated IPOs. The collective “Buy” ratings averaged a first trade of 16.3% above issue.Our Neutral Rated Deals averaged just 2% above the issue price at first trade.

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In addition, we provide a high-touch premium desk access which includes analyst access, as well as real time insights on US IPOs as well as secondary offerings.

IPOs and Secondary Offerings

Equity Capital Markets

Gemini Space Station / Equity Capital Markets

<ul>
<li>Gemini will offer 16.67 million shares at $17-$19 and is scheduled to debut on Friday, September 12th.</li>
<li>The underwriters have reserved up to 1,666,667 shares of Class A common stock, or 10% of the shares offered by this prospectus, for sale through a directed share program. </li>
<li>A $400 million growth equity round valued Gemini at $7.1 billion in November 2021. This funding round is significantly below that higher round. </li>
</ul>


Gemini will offer 16.67 million shares at $17-$19 and is scheduled to debut on Friday, September 12th.
The underwriters have reserved up to 1,666,667 shares of Class A common stock, or 10% of the shares offered by this prospectus, for sale through a directed share program. 
A $400 million growth equity round valued Gemini at $7.1 billion in November 2021. This funding round is significantly below that higher round. 


Gemini Space Station, Inc. (GEMI): Winklevoss Crypto-Platform Seeking $2.2b IPO Valuation

<ul>
<li>The company that describes its mission is to unlock the next era of financial, creative, and personal freedom filed for an IPO on August 15th.</li>
<li>As of June 30, 2025, they serve approximately 523,000 MTUs and approximately 10,000 institutions in over 60 countries, with over $18 billion of assets on their platform.</li>
<li>Their total revenue was $98.1 million and $142.2 million and their net loss was $319.7 million and $158.5 million in 2023 and 2024, respectively.</li>
</ul>


The company that describes its mission is to unlock the next era of financial, creative, and personal freedom filed for an IPO on August 15th.
As of June 30, 2025, they serve approximately 523,000 MTUs and approximately 10,000 institutions in over 60 countries, with over $18 billion of assets on their platform.
Their total revenue was $98.1 million and $142.2 million and their net loss was $319.7 million and $158.5 million in 2023 and 2024, respectively.


Gemini Space Station, Inc. (GEMI): Peeking at the IPO Prospectus of a High Profile Crypto-Platform

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Bullish US (BLSH US)

Gemini Space Station, Inc. (GEMI): Winklevoss Crypto-Platform Seeking $2.2b IPO Valuation

Gemini to offer 16.67 million shares at $17-$19 for debut on September 12th, with underwriters reserving 10% for directed share program.

IPO Boutique

Gemini Space Station, Inc. (GEMI): Peeking at the IPO Prospectus of a High Profile Crypto-Platform

Company focused on financial, creative, and personal freedom files for IPO, serving over 500,000 MTUs and 10,000 institutions in 60+ countries...

IPO Boutique

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Gemini Space Station, Inc. (GEMI): Winklevoss Crypto-Platform Seeking $2.2b IPO Valuation

​Gemini to offer 16.67 million shares at $17-$19 for debut on September 12th, with underwriters reserving 10% for directed share program.

IPO Boutique

Gemini Space Station, Inc. (GEMI): Peeking at the IPO Prospectus of a High Profile Crypto-Platform

​Company focused on financial, creative, and personal freedom files for IPO, serving over 500,000 MTUs and 10,000 institutions in 60+ countries...

IPO Boutique

Gemini to offer 16.67 million shares at $17-$19 for debut on September 12th, with underwriters reserving 10% for directed share program.

Company focused on financial, creative, and personal freedom files for IPO, serving over 500,000 MTUs and 10,000 institutions in 60+ countries...