Mythic AI Stock: Mythic Company Profile, Stock Price, Pre-IPO Shares, and Valuation in 2024

Usman Ali

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Six classes of preferred stock and one class of common stock have been issued by Mythic AI, a private venture-backed business. Preferred stock is often bought by investors, while employees tend to be rewarded with restricted stock units (RSUs) or common stock options.

Since Mythic AI is currently a privately held corporation, Mythic AI stock is not listed on the NYSE or Nasdaq. Although Mythic AI stock is not accessible to the general public and cannot be bought through conventional brokerage accounts, it may be available for purchase in secondary markets.

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Mythic AI

Mythic AI

By developing a single hardware and software architecture, Mythic pioneers analog computing for AI. Their distinct analog compute-in-memory technology unlocks AI innovation by delivering revolutionary power, cost, and performance.

Mythic simplifies the deployment of robust, reasonably priced AI solutions for edge devices and data centers. Mythic AMP reduces barriers to innovation by providing benefits in power, performance, and cost.

A key benefit over digital systems is provided by their analog compute design, which executes trillions of operations for AI inference inside dense flash-memory arrays.

Mythic AI Market

The market for mythic AI is not active. Right now, Mythic AI has no buyers or sellers. The development of markets around private enterprises can require some time. In private enterprises, markets tend to be driven by buyer demand. The following are the key factors:

  • Investor demand can be created by successful business developments that receive a lot of media attention, such as significant investment rounds or new product launches.
  • There is a tendency for investor demand and corporate valuation to be associated, with larger companies drawing interest from secondary market investors.
  • Hot industries such as artificial intelligence (AI) have the potential to produce halo effects that increase investor demand for the entire industry.
  • Because employees have vested interests and investors are pressured to sell stakes in order to earn returns, older organizations tend to have additional sellers.

Mythic AI Valuation

The 2024 worth of Mythic AI is unclear. The $23.6 million Series 1 round that was raised in February 2023 did not reveal the valuation. The Mythic AI Series 1 value was determined by Lux Capital, DCVC, and Atreides Management, who led the round.

Mythic AI Funding

Over the course of six rounds, Mythic AI has raised a total of $189.2 million from renowned investors such as BlackRock, Lux Capital, DCVC, and Valor.

Mythic AI Investors

There are 17 investors in Mythic AI. Seven investment rounds for Mythic AI have been led by eight investors. Lux Capital, DCVC, and Atreides Management led the Series 1 round. SoftBank Ventures Asia, DFJ Growth, Valor, and BlackRock are other prominent Mythic AI investors.

Mythic AI Stock Symbol

There is no Mythic AI stock symbol or Mythic AI ticker symbol issued to Mythic AI because it is not publicly traded. When private companies begin the IPO process, they often submit a Form S-1 with the Security Exchange Commission, disclosing that they have reserved a stock symbol for up to two years before the IPO.

Mythic AI Stock Price

Since Mythic is a privately held business, its stock price is not publicly available. However, you can use Forge Data to access the stock price on the Mythic private market.

How to Sell Mythic AI Stock?

How to Sell Mythic AI Stock?

You might be able to obtain liquidity for your assets before the company goes public if you possess shares of a private company. The top private market brokers can use their extensive industry connections to negotiate on your behalf, so choosing the right one could mean the difference.

Forge can assist you with selling any Mythic private business shares you may have, whether you were an early investor or an employee.

  • Register for a free Forge account to gain access to the marketplace and speak with a knowledgeable Private Market Specialist about any queries you may have.
  • On Forge platform, express the desire to sell mythic AI.
  • Collaborate with your committed Private Market Specialist, who can help you in navigating the entire process.

How to Buy Mythic AI Stock?

How to Buy Mythic AI Stock?

Private stock can only be purchased by approved buyers and accredited investors. These investors purchase pre-IPO stock from current investors and employees on the secondary market.

You have to be eligible to invest as an accredited investor before you can use Forge to invest in a private company such as Mythic.

  • To use Forge’s marketplace, register for a free account.
  • Show that you are interested in certain investments. You may find comprehensive price and financing details for thousands of private businesses in Forge Markets.
  • A dedicated Forge Private Market Specialist shall be on hand during this process to answer any queries you might have and to help you move smoothly through each stage of the transaction.

How to Invest in Mythic AI Stock?

How to Invest in Mythic AI Stock?

Shares of private firms such as Mythic AI are available for acquisition by accredited investors. Notice Premier Brokers is a reliable resource for investors looking for supply and assistance with trading.

Mythic AI stock cannot be bought on public stock exchanges such as the NYSE or Nasdaq because it is privately held. Retail investors are not permitted to invest directly in Mythic AI prior to the initial public offering (IPO) or access this stock through conventional brokerage accounts.

Mythic AI IPO

Mythic AI IPO

Mythic has not submitted an IPO application yet. It is key to remember that private companies can go public through other means besides initial public offerings (IPOs). Other ways for private corporations to go public include mergers and acquisitions, direct listings, and Special Purpose Acquisition corporations (SPACs).

How Do Pre-IPO Transactions for Mythic AI Operate?

Transactions in the private market can be complicated and may include wire transfers to third parties, legal purchase agreements, and company clearances. Since trades can take anywhere from 30 to 60 days to complete, numerous investors seek the assistance of seasoned private market brokers to help them navigate the process. 

Issuer clearance tends to be needed for direct share transfers. Issuers can steer the seller to a buyer of their choosing by using the right of initial refusal (ROFR). 

Transactions are prohibited by certain issuers. In these situations, buyers may choose to use forward purchase agreements (forwards) or special purpose vehicles (SPVs) to acquire indirect interests in the company.

Pre-IPO, Is It Possible to Invest in Mythic?

Since Mythic is a privately held business and not listed on a stock exchange, just authorized investors are permitted to participate in Mythic prior to its initial public offering.

You can find out the details of Forge’s Secondary Marketplace and how to invest in private firms before to their possible initial public offering (IPO) if you match the accreditation requirements.

Is It Possible to Sell Mythic AI stock Before It Goes Public?

While Mythic is still private, you can try to sell your shares. If you are thinking about selling, you can start by registering for free right now at Forge. A Private Market Specialist can help you with any inquiries you may have after registering.

Mythic IPO Price

Since Mythic is still a privately held company and has not done an IPO yet, there is not currently a Mythic IPO price. to investigate secondary market data, obtain pricing information from the private market, and obtain information that might be connected to the Mythic register for Forge Markets, today.

Conclusion: Mythic AI Stock

Mythic AI has emerged as a formidable player, capturing the attention of investors and tech enthusiasts. Specializing in cutting-edge artificial intelligence solutions, the company is at the forefront of redefining data processing and machine learning capabilities. Mythic AI has positioned itself as a pioneer in delivering high-performance AI solutions.

The company’s stock has become a focal point for investors looking to capitalize on the burgeoning tech sector.

FAQs: Mythic AI Stock

What is Mythic AI Stock?

Mythic AI stock refers to the shares of Mythic, a company specializing in providing cutting-edge artificial intelligence solutions through a unique analog compute-in-memory technology.

This technology allows for efficient AI inference, making Mythic a significant player in the growing AI industry. Investors looking to gain exposure to Mythic can do so through buying its stocks, in particular as the company approaches potential IPO events.

How is the valuation of Mythic determined?

The valuation of Mythic AI is influenced by various factors, including its technological innovations, market potential, and competitive landscape. As a private company, Mythic undergoes several funding rounds that help set its post-money valuation.

Investors and analysts often look at comparable private companies and their valuation metrics to gauge the worth of Mythic. It is necessary to consider both qualitative and quantitative aspects when assessing the valuation of Mythic AI stock.

What is the current stock price of Mythic AI?

As of now, there is no publicly available stock price for Mythic AI since it is still a private entity. However, investors should keep an eye on upcoming events such as an IPO, which may provide an opportunity to buy Mythic stock at an initial offering price.

Once Mythic goes public, the stock price will be determined by market forces and investor sentiment.

What does it mean to invest in Mythic?

To invest in Mythic means purchasing shares in the company, either during its private funding rounds or after it goes public through an IPO. Investing in Mythic stock provides exposure to the rapidly evolving field of artificial intelligence and the unique solutions offered by the company.

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