Meta Plans Nonvoting Shares, Eyeing More Stock Sales To Fund Its AI Dreams - Semafor
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Exclusive: Meta plans nonvoting shares, eyeing more stock sales to fund its AI dreams
The company plans to offer new stock that wouldn’t dilute Mark Zuckerberg’s control stake. Meta plans to introduce new non-voting stock, people familiar with the matter said, which suggests it’s likely to lean heavily on new share sales to fund its AI buildout. The plan, which could be announced as soon as Wednesday wh