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Teneo handles media for Circle Internet Group, the largest US issuer of stablecoins, as it plans to raise about $625M via an initial public offering.
It pegged its stock price from $24 to $26 per share, giving the company a valuation in the $6.2B range.
Circle, which will trade on the New York Stock Exchange, has already raised about $1.2B via private placements. Those investors include Oak Investment Partners, Accel, Fidelity and Breyer Capital.
Circle pitches itself as a global financial technology firm that enables businesses to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide.
Japan’s Marelli Holdings has retained Collected Strategies for a US bankruptcy filing as it seeks breathing space to iron out a months-long fight over its future that includes KKR, banks and debt groups, according to the Financial Times.
C Street Advisory Group handles Solar Mosaic as the Oakland-based fintech platform for U.S. residential solar and energy-efficient home improvements declares Chapter 11.
Arvind Bhatia, who has more than 25 years of financial communications experience, has joined Austin-based Yeti Holdings as VP-investor relations.
Collected Strategies and Joele Frank are working the “merger of equals” deal that joins industrial process companies Chart Industries and Flowserve in a deal valued at $19B.
FTI Consulting and C Street Advisory Group provide strategic communications support to Azul as Brazil’s biggest airline declares Chapter 11 in US bankruptcy court to restructure more than $2B in debt.
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