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Anduril employee share sale sets $90 billion valuation
The defense tech company is offering eligible employees a chance to sell shares at $94.80 each in a capped tender offer.
Key takeaways
- Anduril's employee tender offer values the company at roughly $90 billion.
- The offer is capped at $1.3 billion and closes Nov. 9.
Anduril is offering employees a chance to sell shares at a price that values the defense tech company at roughly $90 billion. The company confirmed the report to CNBC.
Employees can sell shares for $94.80 each in the tender offer, which opened Oct. 13 and closes Nov. 9. Bloomberg reported that participation is open to employees in 16 countries and the offer is capped at $1.3 billion.
The tender offer follows a $5 billion funding round that closed in May and valued Anduril at $61 billion, according to CNBC.
Topics
Anduril
Further reading
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
