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Certain Relationships and Related Person 
Transactions

In addition to the compensation arrangements, including employment, termination of employment, and change 
in  control  arrangements,  discussed  in  the  sections  titled  “Management”  and  “Executive  Compensation,”  the 
following is a description of each transaction since January 1, 2023 and each currently proposed transaction in 
which: 

•

•

•

we have been or are to be a participant; 

the amount involved exceeded or exceeds $120,000; and 

any  of  our  directors,  executive  officers,  or  holders  of  more  than  5%  of  any  class  of  our  outstanding 
voting  securities,  or  any  immediate  family  member  of,  or  person  sharing  the  household  with,  any  of 
these individuals or entities, had or will have a direct or indirect material interest. 

Equity Financings

Series H Redeemable Convertible Preferred Stock Financing

From  May  2026  to  June  2026,  we  sold  an  aggregate  of  77,637,878  shares  of  our  Series  H-1  redeemable 
convertible  preferred  stock  at  a  purchase  price  of  $589.0095  per  share,  for  an  aggregate  purchase  price  of 
$45,729,447,703. The following table summarizes purchases of our Series H-1 redeemable convertible preferred 
stock by related persons:

Stockholder
Spark Capital (1)
Bodhi LLC (2)

Shares of
Series H-1
Redeemable
Convertible
Preferred
Stock

Total
Purchase
Price

747,016 $ 439,999,521
9,999,614

16,977 $

______________
(1) Shares purchased by Spark Capital Growth Fund VI, L.P. and Spark Capital Growth Fund Holdings 2026, LLC. Yasmin Razavi, 
a member of our board of directors, is a managing member of the General Partner of each of Spark Capital Growth Fund VI, 
L.P. and Spark Capital Growth Fund Holdings 2026, LLC.

(2) Bodhi LLC is wholly owned by Vas Narasimhan, a member of our board of directors, and his wife.

Series G Redeemable Convertible Preferred Stock Financing

From January 2026 to February 2026, we sold an aggregate of 90,510,425 shares of our Series G-1 redeemable 
convertible  preferred  stock  at  a  purchase  price  of  $259.1364  per  share,  for  an  aggregate  purchase  price  of 
$23,454,545,698. The following table summarizes purchases of our Series G-1 redeemable convertible preferred 
stock by related persons:

Stockholder
Spark Capital (1)

Shares of
Series G-1
Redeemable
Convertible
Preferred
Stock

Total
Purchase
Price

96,474 $ 24,999,925

______________
(1) Shares purchased by Spark Capital Growth Founders’ Fund V, L.P. and Spark Capital Growth Fund V, L.P. (each, a “Spark V 
entity,”  and  collectively,  “Spark  V  entities”),  which  are  affiliates  of  Spark  Capital.  Yasmin  Razavi,  a  member  of  our  board  of 
directors, is a managing member of the General Partner of each Spark V entity.

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