The law firm of Kirby McInerney LLP is investigating potential claims against Gemini Space Station, Inc. (“Gemini” or the “Company”) (NASDAQ: GEMI). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices.

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What Happened?

On September 12, 2025, Gemini conducted its initial public offering, selling 15,937,501 shares of Class A common stock priced at $28.00. Then, on February 17, 2026, Gemini disclosed in a filing with the U.S. Securities and Exchange Commission “that it will be parting ways with each of Marshall Beard, Chief Operating Officer, Dan Chen, Chief Financial Officer, and Tyler Meade, Chief Legal Officer, each effective as of February 17, 2026[.]” On this news, the price of Gemini shares declined by $0.97 per share, or approximately 12.83%, from $7.56 per share on February 13, 2026 to close at $6.59 on February 17, 2026.

What Should I Do?

At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.

If you purchased or otherwise acquired Gemini securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

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Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

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