Last month, Brett Adcock, founder of Robotics Startup Figure AI, reported in the post on x that his company “is now the most sought after private actions on the secondary market.”
But the company sent the cessation letters and developed to at least two brokers who run the secondary market, these brokers said TechCrunch. These people said that AI AI letters demanded that they stop selling the company’s supplies.
Both brokers said they received letters for the first time Bloomberg reported In mid-February, this number was looking for a round price $ 1.5 billion with a valuation of $ 39.5 billion-a timely increase compared to a valuation price $ 2.6 billion achieved in February 2024.
The spokesman for the AI figure told Techcrunch that the company sends such lists when it didn’t authorize the broker to sell its shares, suggesting that he has a long history of sending such letters.
“This year, when we discovered the unauthorized third party broker, there were marketing figurines without the consent of the Directors’ Council, the company sent a cessation and did not ask the unauthorized broker to stop, as it did before, when other unauthorized brokers were discovered,” said the spokesman in a written statement. “We do not allow trade in the secondary market in our actions without the authority of the management, and the company will continue to protect itself from unwanted third parties’ brokers on the market.”
Because the number is a private company, not a public, its shares can’t be easily sold by its investors, especially without an event authorized by the company. This restriction has appeared in general, including those that supply investors other ways to obtain money from shares before IPO, resembling loans secured by startup shares, which change into repaid when the company is public.
After receiving the list of figure, secondary markets told Techcrunch that they have other theories about why some presidents do not like to sell on their markets.
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Current shareholders tried to sell their shares at a price, which was below a latest valuation of $ 39.5 billion, brokers told you. Both brokers told Techcrunch that some corporations rub, that cheaper secondary actions can compete with a latest rune.
Without commenting on the Figure, Sim Desai, founder and general director of Secondary Access Marketplace HogTechcrunch said that corporations sometimes block direct secondary sales because they think “it’s a game of zero.”
Desai, of course, claims that the opposite might be true: lively trade in the secondary market can bring more interest in basic actions in a latest increase.
But if secondary market activity does not arouse interest in the basic round, the problem may lie with the valuation itself. “If someone has difficulty selling, this is only a price and a valuation function, not the availability of capital,” said Desai.
The drawing was recently the subject of several information articles describing the progress of figure with the client of the Marquis, BMW. The drawing answered, at least in one case, stating that the article has so many inaccuracies that they are threatened.
As for how many AI figures further – and what quote it seems. It also needs to be determined whether current investors will have the ability to pay at the starting of secondary transactions.