Public Benefit Corporation
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X @Bloomberg
Bloomberg· 2025-11-16 21:02
With OpenAI's recent makeover as a public benefit corporation, the goal of doing right by humanity is now officially written into its charter. Read more about this increasingly popular and somewhat controversial structure in the latest CFO Briefing https://t.co/hR2JuNSN4T ...
X @Bloomberg
Bloomberg· 2025-10-29 20:58
Company Restructuring - OpenAI 宣布重组,成立“公共利益公司” [1] - 此举旨在吸引更多投资者 [1]
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-10-28 17:42
Company Restructuring - OpenAI 完成了资本重组 [1] - OpenAI 基金会现在是资源最好的慈善机构之一,股权价值约为 1300 亿美元 [1] - 该基金会继续控制 OpenAI 营利性机构,该机构现在是一家公益公司 [1]
VIEW Wall Street reacts to Microsoft and OpenAI's new deal
Reuters· 2025-10-28 13:54
Core Insights - Microsoft and OpenAI have reached a deal for OpenAI to restructure into a public benefit corporation, which values OpenAI at $500 billion [1] Group 1 - The restructuring will allow OpenAI to operate with a focus on public benefit while maintaining its innovative edge [1] - This deal signifies a strategic partnership between Microsoft and OpenAI, enhancing Microsoft's position in the AI sector [1] - The valuation of $500 billion reflects the growing importance and potential of AI technologies in the market [1]
Microsoft, OpenAI reach new deal to allow OpenAI to restructure
Reuters· 2025-10-28 13:07
Core Insights - Microsoft has reached an agreement with OpenAI to allow the latter to restructure into a public benefit corporation, which indicates a strategic shift towards social responsibility and ethical AI development [1] Company Summary - Following the restructuring, Microsoft is expected to hold a stake of approximately $1 billion in OpenAI, reflecting a significant financial commitment to the partnership [1]
Aptera Motors Transitions to Public Benefit Corporation, Adds Industry Veterans to Board
Globenewswire· 2025-10-22 12:00
Core Insights - Aptera Motors Corp. has transitioned to a Public Benefit Corporation (PBC) under Delaware law, emphasizing its commitment to solar mobility and sustainability [1][2] - The company aims to balance financial performance with social and environmental responsibilities, legally considering the interests of all stakeholders [2][3] - Aptera's performance will now be evaluated based on its effectiveness in promoting solar mobility and reducing energy dependence [3] Corporate Governance - The transition to a PBC aligns Aptera's governance with its mission of energy freedom and community well-being [4] - Two new independent directors, Tony Kirton and Todd Butz, have been appointed to the Board, bringing extensive experience in automotive operations and financial management [4][5][6] Leadership Appointments - Tony Kirton has over 40 years of experience in international automotive leadership, expected to provide strategic insights for Aptera's growth [5][7] - Todd Butz, a veteran financial executive, will contribute expertise in manufacturing scale and corporate governance, crucial for navigating financial complexities [6][7] Mission and Vision - Aptera's evolution into a PBC formalizes its long-standing mission to innovate for the benefit of people and the planet [8] - The company is focused on creating a sustainable business model that positively impacts stakeholders and the environment through its solar electric vehicle technology [9]
OpenAI is now the world's most valuable private company at $500 billion
Yahoo Finance· 2025-10-02 13:30
Group 1 - OpenAI has surpassed SpaceX to become the largest startup and most valuable private company globally, with a valuation of $500 billion [1] - The company authorized a secondary share sale of $10.3 billion, ultimately selling $6.6 billion to investors including Softbank and T. Rowe Price [1] - This valuation increase from $300 billion to $500 billion positions OpenAI ahead of SpaceX, valued at $400 billion, and ByteDance at $220 billion [1] Group 2 - OpenAI is transitioning to a Public Benefit Corporation (PBC) controlled by its nonprofit arm, which holds an equity stake of over $100 billion [2] - Elon Musk, a co-founder of OpenAI, is opposing this transition in court, claiming it violates the company's founding mission [2] - The PBC structure is expected to attract more investors by removing caps on financial returns, as OpenAI aims to raise significant funds for data center expansion [3]
Aptera Motors Corp(SEV) - Prospectus
2025-08-27 21:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 APTERA MOTORS CORP. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Delaware 3751 83-4079594 (I.R.S. Employer Identification Number) 5818 El Camino Real Carlsbad, California 92008 858-371-3151 (Address, including zip code, and telephone number, including area code, of registr ...