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Anthropic seeks 50.1pct voting control for co-founders ahead of IPO

BENGALURU: Anthropic is asking shareholders to approve a new corporate structure that would award chief executive officer Dario Amodei and his six co-founders a combined 50.1 per cent of voting power, The Information reported on Thursday, citing people familiar with the planning.

Anthropic seeks 50.1pct voting control for co-founders ahead of IPO

BENGALURU: Anthropic is seeking shareholder approval for a new corporate structure that would grant its CEO, Dario Amodei, and six co-founders a combined 50.1% of voting power, according to The Information. This structure, akin to one seen at Palantir, would give the co-founders a special class of shares, providing them collective voting control over most corporate matters as long as three of the seven co-founders maintain a minimum shareholding in the company. The arrangement would remain in effect until such time.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

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