StartupsThe Next Webabout 1 hour ago
Anduril Opens $1.3bn Employee Tender
2 min read
Defense tech company Anduril launched a tender offer on 13 October, allowing employees in 16 countries to sell shares at $94.80 each. The deal values the firm at $90bn with a cap of $1.3bn. CEO Brian Schimpf stated the move avoids IPO distractions while ramping up defense production.
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