Anduril opens employee tender offer valuing company at $90 billion
Overview
Anduril is letting employees sell stock in a tender offer at $94.80 per share, which CNBC says values the defense tech company at roughly $90 billion.
The offer opened Oct. 13, closes Nov. 9, and is capped at $1.3 billion, according to Bloomberg.
Bloomberg reports that employees in 16 countries are eligible to participate. The offer follows a $5 billion funding round in May that doubled Anduril's valuation to $61 billion.
Written by AI from the articles below · updated Oct 14, 4:38 PM ET
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- CNBC · TechnologyNewsAnduril employee tender offer values defense tech startup at $90 billion
AIAnduril is letting employees sell stock in a tender offer that would value the defense tech company at roughly $90 billion, CNBC confirmed. Participants can sell shares at $94.80 each, with the offer open from Oct. 13 to Nov. 9 and capped at $1.3 billion, according to Bloomberg. The company closed a $5 billion funding round in May that doubled its valuation to $61 billion.
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