Anduril Industries has just authorized a new Series E preferred stock which could increase the valuation to $6.65 billion if all Series E shares are issued. The defence technology company is previously backed by D1 Capital Partners, Valor Equity Partners, Lux Capital, General Catalyst, Founders Fund 8VC and A16Z to name a few. The most recent Series E round follows $450 million raised for Series D. The terms surrounding the Series E include pari passu liquidation preference with all other preferred, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $16.5152, an up round from Series D at $12.2918.
Here is how they are currently tracking against the index:
