Fidelity marked nearly 25% of human stock last year, according to the new SEC filing. It happened after Fidelity acquired artificial shares in FTX bankruptcy proceedings. , Openai.
The huge fidelity of the mutual fund marked human interest almost 25% last year, according to a new SEC filing.
The markup came months after fidelity, along with other financial companies, acquired human stocks for $884 million in Crypto Exchange FTX bankruptcy proceedings last March.
According to filing, the Fidelity Series Growth Company Fund sold $30 per share at the end of August, compared to $37.44 at the end of November.
Both Fidelity and Humanity declined to comment.
Fidelity is one of the few investors who support both humanity and its major rival Openai, and is similar to betting on both Uber and Lyft before they go public.
Last fall, Openai sought funds to avoid investing in five competitors, including humanity, Reuters reported.
Human stocks are currently trading at $51.44 in the secondary market, according to Brokerage Platform Caplight. Humanity is currently in high-level talks to raise $2 billion at a $60 billion valuation led by Lightspeed Venture Partners, the Wall Street Journal reported last month.
Fidelity also took part in Openai’s $6.6 billion funding round in October, holding at least $100 million worth of stake in Chat-GPT makers.
Meanwhile, the journal also reported that Openai is in discussions with SoftBank for new funding.
