Manus Founders Seek $1 Billion Raise to Buy Back Startup from Meta
The co-founders of Manus are exploring options, including a potential $1 billion raise, to buy back their startup from Meta after China's National Development and Reform Commission ordered the acquisition unwound. The valuation target is expected to be at or above Meta’s original purchase price of over $2 billion.
Tickers: $META
Topics: acquisition unwind Chinese regulation Manus Meta startup buyback