Is ByteDance opening “Doubao Shares” for subscription by Seed employees this month? An insider says there’s no such thing as “subscription”; it can be selected for the year-end.

Golden Finance reports that on May 27th, market sources said that ByteDance this month opened low-priced stock options linked to the Seed department, called "Doubao Shares," for employees to subscribe at a price of $13 per share, and stated that this is ByteDance's first issuance of equity targeted at a specific business unit. This incentive mechanism will not dilute the earnings of other business lines of ByteDance.
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