The Boring Company also told shareholders that investors could buy up to $20 million in secondary shares as part of the recent share sales, one of the people told The Information. This gives the Austin, Texas-based startup an implied valuation of over $7 billion, the report added, up from its $5.675 billion valuation after a Series C funding round led by Vy Capital and Sequoia Capital last year. The Boring Company did not immediately respond to a Reuters request for comment.
EQS-Ad-hoc: Talanx Aktiengesellschaft / Key word: Capital Increase
Talanx Aktiengesellschaft: Talanx AG announces cash capital increase by way of an accelerated bookbuilding.
EQSAdhoc Talanx Aktiengesellschaft Key word Capital Increase Talanx Aktiengesellschaft Talanx AG announces cash capital increase by way of an accelerated bookbuilding process 19Sep2023 1745 CETCEST D
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