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OpenAI has secretly submitted the S-1 registration statement draft to the U.S. SEC.

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ME News Report, June 9 (UTC+8), OpenAI announced that it has recently submitted a confidential draft of its S-1 registration statement to the U.S. Securities and Exchange Commission (SEC). OpenAI stated that this news might be leaked, so they chose to disclose it proactively. Currently, they have not decided on a specific listing date, which may still take some time, as some matters are easier to advance as a private company. OpenAI said this is a complex trade-off process, and submitting a confidential S-1 draft allows the company to retain the option to go public earlier if they believe going public is the best choice in the future. The announcement also states that this statement is issued under Section 135 of the revised Securities Act of 1933, and does not constitute an offer to sell securities or a solicitation to buy any securities. Any securities issuance, solicitation to purchase, or sale will be conducted in accordance with the registration requirements of the Securities Act. (Source: ChainCatcher)
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