On December 18th, it was reported that about 400 current and former OpenAI employees will be able to cash out millions of dollars due to a special stock sale plan arranged by OpenAI and Japan's SoftBank Group. According to people familiar with the matter, the tender offer allows certain OpenAI employees and former employees to sell their shares to SoftBank at $210 per share. The deal allows employees to cash out some of their holdings, and the company's valuation has doubled in the past year to $157 billion. SoftBank plans to buy up to $1.60 billion worth of shares from eligible shareholders who must have received restricted stock units more than two years ago to participate, the sources said. Eligible OpenAI shareholders have until Dec. 24 to decide whether and how much to sell. OpenAI currently has more than 2,000 employees. Current OpenAI employees will receive priority over their predecessors if the deal is oversubscribed.