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OpenAI changes secondary market stock sales policy to allow current and former employees to participate equally

2024-06-25 05:02
Odaily News OpenAI has changed its policy on secondary market stock sales, allowing current and former employees to participate equally in its annual tender offer. In a document shared with stakeholders, OpenAI said that all current and former employees "will have the same sales restrictions" and will be able to participate at the same time. Previously, the company took restrictive measures to decide who can participate in stock sales, which caused many shareholders to worry about whether they can get liquidity for the millions of dollars worth of equity they hold. (Yicai)