Market Flux Event
Anduril Opens Employee Share Sale at $90 Billion Valuation, Up From $61 Billion in May
Read this in the Market Flux appDefense technology startup Anduril is conducting an employee share sale that values the company at roughly $90 billion, according to Bloomberg. Shares are being offered at $94.80 each, a sharp increase from the $61 billion valuation established in May of this year.
The sale, which opened October 13 and runs through November 9, is capped at approximately $1.3 billion. For the first time, employees in 16 countries are eligible to participate, broadening access beyond prior rounds.
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Sources
- LiveSquawkAnduril In Talks To Sell Insider Shares At Roughly $90 Bln Valuation - @business
- InvestingAnduril allows staff to sell shares at $90 billion valuation - report
- Zerohedge*ANDURIL TO SELL INSIDER SHARES AT ROUGHLY $90 BILLION VALUATION
- FaststocknewssANDURIL VALUED AT ABOUT $90B IN NEW EMPLOYEE SHARE SALE, PER BLOOMBERG Employees can sell shares at $94.80 each, up from a $61B valuation in May. - Sale capped at about $1.3B - Open Oct 13 to Nov 9 - Employees in 16 countries can take part for the first time
- Seeking AlphaAnduril valuation may climb to $90B in employee share sale