Circle Internet Group CRCLAcquisition
Circle agrees to acquire Tazapay for $400,000,000 in Circle shares
Filed Sep 8, 2026Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On September 4, 2026, it agreed to buy all outstanding shares of Singapore company Tazapay Pte. Ltd.
- Consideration is Circle Class A common stock worth $400,000,000, priced on the 20-trading-day volume-weighted average closing price before closing.
- Five percent and three percent of the consideration are held back for indemnification claims and released in installments.
- After closing it will grant restricted stock units with an aggregate grant date fair value of $25,000,000 to agreed Tazapay employees.
Items reported
- 1.01 Material agreement
- 3.02 Unregistered share sale
- 7.01 Investor presentation
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.