....MOREPalantir, the sometimes controversial, but always secretive, big data and analytics provider that works with governments and other public and private organizations to power national security, health and a variety of other services, has reportedly been eyeing a public listing this autumn. But in the meantime it’s also continuing to push ahead in the private markets.The company has filed a Form D — its first in four years — indicating that it is in the process of raising nearly $1 billion — $961,099,010, to be exact — with $549,727,437 of that already sold, and a further $411,371,573 remaining to be raised.
(A Reuters report from June confirmed that Palantir had closed funding from two strategic investors that both work with the company: $500 million from Japanese insurance company Sompo Holdings, and $50 million from Fujitsu. Together, it seems like these might account for $550 million noted as already sold on the Form D.)
The Form D also notes that 58 investors are already attached to the offering, and that “of the total remaining to be sold, all but $671,576.25 represents shares of common stock already subscribed for.” This means that Palantir has already secured commitments for the remaining part of the $961 million raise, although the offering has not closed....
Not sure how this news fits in with last month's "Peter Thiel's Palantir set to file to go public 'within weeks'"
