Welcome to our dedicated page for GEMINI SPACE STA SEC filings (Ticker: GEMI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for Gemini Space Station, Inc. (NASDAQ: GEMI), a Nevada-incorporated company that describes itself as a global crypto platform. Through these documents, investors can review how Gemini presents its business, risks, capital structure, and financial information in formal regulatory reports.
Gemini’s registration statements on Form S-1/A outline the company’s initial public offering of Class A common stock and explain its corporate structure. The filings state that Gemini Space Station, Inc. is a holding company whose sole material asset is its equity interest in Gemini Space Station, LLC, which is treated as the accounting predecessor. The S-1/A materials also describe the dual-class share structure, with Class A and Class B common stock, and explain that the founders and their affiliates are expected to hold a large majority of the combined voting power, making Gemini a controlled company under Nasdaq rules.
Current reports on Form 8-K offer additional insight into specific events. For example, one 8-K furnishes a shareholder letter announcing financial results for a quarter, while another 8-K furnishes an investor presentation used at a financial services conference. These filings are submitted under Regulation FD and the results of operations item, giving readers context on how Gemini communicates performance and strategy to the market.
For a crypto-focused capital markets company like Gemini, SEC filings are a primary source for understanding topics such as risk factors, management’s discussion and analysis, description of capital stock, and relationships with key stakeholders. They also document the company’s status as an emerging growth company and non-accelerated filer.
On Stock Titan, Gemini’s filings are updated as new documents are posted to EDGAR. AI-powered summaries can help explain the structure and key points of lengthy registration statements and 8-Ks in plain language, highlight important sections related to governance and capital structure, and make it easier to identify items that may matter most to investors tracking GEMI.
Gemini Space Station, Inc. (GEMI) describes a crypto-focused financial platform spanning exchange, custody, staking, stablecoin, credit card, derivatives, and a new CFTC-regulated prediction markets business. The company emphasizes heavy licensing, security certifications, and crypto-native technology as core differentiators.
As of December 31, 2025, Gemini served users in more than 60 countries but plans to exit the U.K., E.U. and Australia to refocus on the U.S. The filing highlights revenue concentration in bitcoin, ether and solana trading, as well as growing products like Gemini Staking, GUSD stablecoin and the Gemini Credit Card®.
Management stresses extensive regulatory exposure across securities, commodities, payments, AML, sanctions, consumer protection, credit cards and prediction markets rules, calling out substantial uncertainty around when digital assets are treated as securities or commodities. Key risks include crypto price volatility, evolving regulation, intense competition from both regulated and offshore players, technology and security threats, and ongoing litigation and enforcement exposure.
Gemini Space Station, Inc. reported strong 2025 top-line growth but very heavy losses as it scaled its crypto and markets platform and completed its IPO. Total revenue rose to $179.6M, up from $142.2M, driven by higher trading, services, and fast-growing credit card revenue.
Net loss widened sharply to $582.8M from $158.5M as operating expenses climbed to $525.2M and net other expense reached $243.1M, including large non-cash crypto and related‑party items. Trading volume increased to $52.7B, services revenue grew 115% to $64.6M, and services and interest reached 44% of net revenue, reducing reliance on pure transaction fees.
The Gemini Credit Card was a key growth engine, with 2025 card transaction volume above $1.2B and card net revenue of $33.1M, up 185% year over year. Gemini ended 2025 with $252.2M in cash and cash equivalents, repaid $116.5M of third‑party debt, and then in early 2026 began a major restructuring, cutting headcount by about 30% and exiting the U.K., EU, and Australia to narrow its focus on the U.S. market, prediction markets, and a super‑app strategy.
Gemini Space Station, Inc. director-associated entity Tessera Venture Capital Fund II, LP sold a total of 39,708 shares of Class A common stock on March 11, 2026 in open-market transactions. One block of 35,713 shares was sold at a weighted average price of $8.8118 per share, and another 3,995 shares at $9.9150 per share, leaving Tessera with zero shares after these trades. Footnotes state the prices reflect multiple trades within narrow ranges and explain an ethical wall that prevents Sachin Chand Jaitly from sharing information or participating in investment or voting decisions for Tessera, with a disclaimer of beneficial and pecuniary interest in the shares.
Gemini Space Station, Inc. reported that Interim CFO Danijela Stojanovic acquired 132,275 shares of Class A common stock through a grant of restricted stock units. The RSUs vest in substantially equal quarterly installments over a two-year period, contingent on continued service. Following this award, she holds 167,989 shares directly.
Gemini Space Station, Inc. reported the initial holdings of Interim CFO Danijela Stojanovic on a Form 3. The filing shows a grant of 35,714 restricted stock units (RSUs), each representing one share of Class A common stock. These RSUs vest over four years, with 25% vesting on May 20, 2026 and the rest vesting in substantially equal quarterly installments, so long as she continues in service.
Gemini Space Station, Inc. released preliminary 2025 results showing strong user and revenue growth but very large losses and sharply higher costs. Monthly Transacting Users rose to about 600,000, up 17% year over year. Net revenue is expected between $165M and $175M, above $141M in 2024, driven mainly by higher services and credit card revenue.
Total operating expenses are projected between $520M and $530M, up from $308M, leading to an estimated net loss of $587M–$602M. Adjusted EBITDA is expected between $(267)M and $(257)M, including $30M–$35M of net realized and unrealized losses. These figures are unaudited estimates and may change after final closing.
The company also announced significant leadership changes effective February 17, 2026. The Chief Operating Officer, Chief Financial Officer, and Chief Legal Officer are all departing, with the COO also resigning from the board, not due to any disagreement on company matters. Gemini does not plan to appoint a new COO; many responsibilities will shift to Cameron Winklevoss. The board appointed Danijela Stojanovic as Interim CFO and Kate Freedman as Interim General Counsel, with Stojanovic receiving a $450,000 base salary and 132,275 RSUs vesting over two years.
Gemini Space Station, Inc. approved a plan to exit and wind down its operations in the United Kingdom, the European Union and other European jurisdictions, and Australia to reduce operating expenses and support its path to profitability. The business will continue in the United States and Singapore.
The plan includes a reduction in force of up to 200 global employees, about 25% of Gemini’s total workforce as of February 4, 2026. Gemini currently estimates about $11 million in pre-tax restructuring and related charges, mostly cash, primarily for severance, benefits, and other exit costs, with most charges expected in the first quarter of 2026 and substantial completion in the first half of 2026.
Gemini Space Station, Inc. reported an insider equity transaction by Chief Operating Officer and director Beard Marshall Edmund. On January 24, 2026, 14,293 shares of Class A common stock were withheld at $9.72 per share to cover tax obligations upon vesting of restricted stock units. After this tax withholding, Edmund beneficially owns 1,506,768 Class A shares directly. This reflects an administrative tax event related to equity compensation rather than an open-market sale.
Gemini Space Station, Inc. insider transaction: Chief Legal Officer Meade Tyler Roberts reported a routine tax-related share withholding. On 01/24/2026, the company withheld 10,361 shares of Class A common stock at $9.72 per share to cover taxes due on vesting restricted stock units.
After this transaction, Roberts beneficially owned 1,069,462 shares of Gemini Space Station Class A common stock in direct ownership. The filing indicates this was not an open-market sale, but an issuer share withholding to satisfy tax obligations tied to equity compensation.