Delaware Attorney General reportedly hires a bank to assess Openai’s restructuring plan

Delaware Attorney General Hires Investment Banks to Advice Openai’s commercial organization conversionWall Street Journal It has been reported on wednesday. An independent assessment could extend the transition or increase Openai’s plans even further.

Openai’s transformation will help attract new investments It will eventually be publishedhowever, first of all, startups need to ensure approval from state regulators. Openai and Microsoft have hired their own investment banks to advise on the transaction, but the Delaware Attorney General is now seeking an independent assessment of the fairness that Openai nonprofits receive.

It appears that regulators are focusing on key factors in Openai’s conversion. This could have a major impact on the price Openai pays to simplify its structure in the end. Corporate governance experts say Elon Musk may have raised prices for open nonprofits When he submitted a $97.4 billion purchase bid to the startup despite the fact that Openai immediately refused.