Bitget US Stock IPO Prime Phase II OpenAI will open for subscription on May 12
According to the official announcement, the asset for the second phase of Bitget IPO Prime is preOPAI, a digital token issued on the Solana chain by the regulated issuer Republic, aimed at mirroring the economic performance of OpenAI post-IPO on a 1:1 basis. As a leading consumer-level AI provider globally, OpenAI's official data shows that it has approximately 900 million weekly active users. Its most recent financing round reached $122 billion, with investors including Microsoft, NVIDIA, Amazon, and SoftBank.Bitget IPO Prime adopts a subscription model, allowing users to obtain corresponding subscription quotas based on their account levels. After the token distribution is completed, users can trade in the upcoming spot market; they can also exchange for stock tokens or USDT based on the market price of the underlying company's stock, as entrusted by the issuer to Bitget, after the lock-up period of the preOPAI underlying debt asset ends.IPO Prime Details:• Implied valuation of OpenAI: $898.21 billion• Total subscription amount for IPO Prime: 29,082• Total subscription value: $21,084,450• Subscription price: 1 preOPAI = $725• Investment currencies: USDT or USDGO• Total upper limit of investment pool: $300,000,000• Individual investment range: $100 - $600,000• Investment period: May 12, 16:00 to May 15, 16:00 (UTC+8)• Distribution time: May 15, 16:00 to 20:00 (UTC+8)• Spot trading time: May 15, 22:00 (UTC+8)• Distribution schedule: 30% released on May 15, 30% released on June 15, 40% released on July 15
