Anduril opens a $1.3bn employee tender at a $90bn valuation
Current and former staff in 16 countries can sell Anduril shares at $94.80 each. CEO Brian Schimpf also answered questions about Palmer Luckey’s ties to the Trump administration.
Via TNW | Investors-funding
Anduril is letting current and former employees sell shares in a tender offer that values the defence tech company at about $90bn. The shares are priced at $94.80 each, and the offer is capped at about $1.3bn, according to Bloomberg’s sources.
Rebecca Torrence, Edward Ludlow, Natasha Mascarenhas and Katrina Manson first reported the tender for Bloomberg, citing people familiar with the plans. Anduril declined to comment to Bloomberg. It later confirmed the tender and the $90bn valuation to CNBC. TNW…
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