Anthropic named eight firms selling its shares illegally. After the backlash, it quietly removed four.
TL;DR
Anthropic cut its unauthorized share platform list from eight to four after causing panic among investors. It raised $65B at $965B the same week.
Anthropic updated its warning about unauthorized secondary market platforms selling its shares, cutting the list from eight firms to four. The revised version names only Open Door Partners, Unicorns Exchange, Pachamama, and Upmarket. Several of the most prominent names in private market trading, including Hiive, were removed.
The original notice, published earlier this month, stated that any sale or transfer of Anthropic stock by the named platforms was void and would not be recognised on the company’s books. The warning applied to both preferred and common stock. It was the first time a major AI company had publicly named specific platforms as unauthorized.
The result was chaos. Publicly traded funds that marketed exposure to Anthropic shares plunged. Private brokers scrambled to reassess positions. Investors who...
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