ElevenLabs, the AI audio research and product giant, said on Wednesday (Sept. 30) that following a tender offer stock sale, the company is now among the most valuable AI companies in the world, valued at $22 billion. Existing investors and employees sold $300 million worth of stock in a tender offer led by Wellington and T Rowe Price, according to a statement. A tender offer is a type of secondary transaction where holders of private company shares are allowed to sell their vested stock or optio
ElevenLabs, the AI audio research and product giant, said on Wednesday (Sept. 30) that following a tender offer stock sale, the company is now among the most valuable AI companies in the world, valued at $22 billion. Existing investors and employees sold $300 million worth of stock in a tender offer led by Wellington and T Rowe Price, according to a statement. A tender offer is a type of secondary transaction where holders of private company shares are allowed to sell their vested stock or optioThis article was originally published by Headtopics.
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