Palantir finally discloses diluted share count, suggesting valuation above $20 billion at high end
Palantir said in its third updated prospectus on Monday that it has 2.17 billion fully diluted shares, including over 250 million options and restricted stock units that haven't vested.
Palantir Technologies CEO Alex Karp arrives at the "Tech for Good" Summit in Paris, France May 15, 2019., Palantir finally disclosed a fully diluted share count, providing a total that includes some unvested options and restricted stock. However, the initial market cap likely won't reflect all of those shares because some terms haven't been satisfied for vesting of options and restricted stock units . Here's what Palantir says in a footnote of the filing:
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