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Wayve staff cash in $85m in UK's first private market share sale
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Wayve staff cash in $85m in UK's first private market share sale
Employees at Wayve, the British autonomous driving firm, began selling $85 million of their shares today in the first employee share sale ever conducted on the London Stock Exchange’s Private Securities Market, a moment with real consequences for every UK founder who has ever promised staff their options would one day be worth something. Crowdcube managed the sell-side of the transaction, which is not only a first for the PSM but also the larges…
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