According to the technology -filled encryption exchange, Peter Thil presented a preliminary American preliminary offer (IPO) with the American Securities and Stock Exchange Committee (SEC).
Quoting two people familiar with this issue Reports In recent weeks, Bullish has secretly presented paper works to start offering its shares to the public.
The secret files of companies enable their list plans without disclosing their financial data to reduce general audit. Bullish also tried to announce in 2021 through a special purpose acquisition vehicle, but the deal decreased during the following year as the increasing interest rates affected the stock markets.
The company is looking again to become a company circulating for the public amid a strong investor request for encryption assets, which came at a time when the United States adopts industry friendly policies under the Trump administration. Thil donated the first election campaign for the president in 2015 and 2016.
The report says that Jefferies will work as a major author of the deal.
The Stable Issuer Circle also appeared in the stock market, raising $ 1.1 billion in the subscription last year. The company’s shares increased by 168.48 % of the public subscription price of $ 31.00 per share on the first day of trading on the New York Stock Exchange (NYSE).
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