No. of Recommendations: 1
If anyone has more info, I’d love to know.
Me too! I'd love it if there were some warrants that came along with those shares. Appears to be a straightforward share purchase, with no mention of any warrants. :(
This is how the SEC filing describes the private placement:
Concurrent Private Placement:
On June 1, 2026, the Issuer entered into a stock purchase agreement with an affiliate of Berkshire Hathaway Inc. (“Berkshire Hathaway”) for the sale of 14,212,035 shares of Class A Common Stock at a price per share of approximately $351.81 and 14,359,656 shares of Class C Capital Stock at a price per share of approximately $348.20, for gross proceeds of $10 billion (the “Private Placement”). In connection with the Private Placement, the Issuer has agreed to provide Berkshire Hathaway with certain registration rights. The shares are being offered and sold to Berkshire Hathaway in a private placement pursuant to Section 4(a)(2) of the Securities Act. The shares have not been registered under the Securities Act, or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The Private Placement is expected to close concurrently with the Stock Offering, subject to customary closing conditions. The closing of the Private Placement is not conditioned upon the closing of the Stock Offering or the closing of the Depositary Shares Offerings.
(
https://www.sec.gov/Archives/edgar/data/1652044/00...)
