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Circle Web Monetary Ltd., the crypto-focused agency that manages USD Coin, the second-largest stablecoin, pushed again the timetable for an preliminary public providing following its deliberate merger with a special-purpose acquisition firm, or SPAC.
The agency renegotiated its July 2021 agreement with Harmony Acquisition Corp. , extending its “termination date” for a public providing to Dec. 8, 2022, from April 3, in line with a submitting with the Securities and Change Fee. The corporate stated the brand new date was crucial “for a wide range of causes exterior the events’ management.” Whereas it has filed an S-4 type with the SEC, the fee hasn’t but declared the prospectus efficient.
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