Anthropic warns investors against secondary platforms offering access to its shares
Summary
AI company Anthropic has updated its website to caution investors against numerous private and secondary investment platforms that are not authorized to offer access to its shares. The company explicitly named Open Doors Partners, Unicorns Exchange, Pachamama Capital, Lionheart Ventures, Hiive, Forge Global, Sydecar, and Upmarket as unauthorized entities. Anthropic stated that any sale or transfer of its stock offered by these firms is void and will not be recognized. This warning comes amid a surge in platforms providing exposure to AI companies through secondary markets, tokenized securities, special purpose vehicles (SPVs), or secondary market holdings. Anthropic, reportedly seeking funding at a $900 billion valuation, has seen high demand on secondary markets. The company clarified that both its preferred and common stock are subject to transfer restrictions, meaning any sale or transfer not approved by its board is invalid. It specifically prohibits SPVs from acquiring its stock and considers any share transfers to SPVs void, along with offers to invest in financing rounds through SPVs.
(Source:TechCrunch)