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The latest announcement is out from Augmentum Fintech PLC ( (GB:AUGM) ).
Augmentum Fintech PLC has announced the successful Initial Public Offering (IPO) of Gemini Space Station, Inc., a New York-based cryptocurrency exchange and custodian bank. The IPO, which took place on the Nasdaq Global Select Market, involved 15.2 million Class A shares priced at $28 each, valuing Gemini at $3.33 billion. The offering saw strong participation from both retail and institutional investors, highlighting the growing interest in digital asset platforms. Augmentum, which first invested in Gemini in 2021, holds a liquidation preference and will receive shares equal to its original investment value. This IPO marks a significant milestone for Gemini and reflects the increasing maturity of the digital assets sector.
The most recent analyst rating on (GB:AUGM) stock is a Buy with a £1.39 price target. To see the full list of analyst forecasts on Augmentum Fintech PLC stock, see the GB:AUGM Stock Forecast page.
More about Augmentum Fintech PLC
Augmentum Fintech PLC is the UK’s only publicly listed investment company focusing on the fintech sector in the UK and wider Europe. It invests in fast-growing fintech businesses that are disrupting the financial services sector, providing access to patient capital and support. Since its launch on the London Stock Exchange in 2018, Augmentum has enabled public market investors to access a largely privately held investment sector during its main growth period.
Average Trading Volume: 373,734
Technical Sentiment Signal: Sell
Find detailed analytics on AUGM stock on TipRanks’ Stock Analysis page.