Sunday, 24 August, 2025
OpenAI Issues Warning: SPVs and Other Unauthorized Investments Could Be Worthless
OpenAI has issued a strong warning to investors about pursuing indirect exposure through Special Purpose Vehicles (SPVs), tokenized shares, forward contracts, or other unauthorised equity transactions. The company stated that any equity transfer without its written consent violates strict transfer restrictions and will not be recognized or carry any economic value. OpenAI is closely monitoring and pledges to enforce restrictions to ensure integrity in its ownership structure.
Read full story at TechCrunch