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Investors are in a 'frenzy' to buy secondary shares in Anduril, but good luck getting ahold of shares

  • Anduril, a defense tech startup founded by Palmer Luckey, has secured a $642 million contract with the US Marine Corps.
  • Secondary shares of Anduril are in high demand, with buyers willing to purchase them at a 63% increase over the past six months, valuing the company at $36.3 billion.
  • Investors, including VCs, family offices, and hedge funds, are actively seeking to acquire Anduril shares, leading to a frenzy and limited supply.
  • Anduril tightly controls its stock, allowing few secondary transactions. Some buyers are resorting to purchasing stock through special-purpose vehicles (SPVs).

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