EXCLUSIVE: Moonshot Execs in Talks to Settle Dispute With Shareholder Ahead of Planned IPO, People Say
Moonshot executives are in talks with shareholder Recurrent AI to settle an equity compensation dispute before the company's planned IPO, according to people familiar with the matter.
Recurrent AI held a 9.5% stake in Moonshot at its founding and is now seeking compensation equivalent to 10.5% of the original shares, a payout that could exceed $700 million based on the company's latest $30 billion valuation.