OpenAI Foundation — key-event: Profit cap removed as part of PBC restructuring

NoteThe claim has two components: (1) that a profit cap was removed, and (2) that this occurred as part of PBC restructuring in October 2025. The source confirms the PBC restructuring occurred in October 2025 and that the structure changed from the old model to one where 'all shareholders hold regular equity.' However, the source does not explicitly state that a 100x profit cap existed under the old structure or that it was removed. The phrase 'all shareholders hold regular equity' is consistent with the claim's assertion that the new structure involves regular equity rather than capped returns, but this is an inference rather than explicit confirmation of the profit cap removal. The source confirms the restructuring event and the timing but does not directly address the specific mechanism (profit cap removal) claimed.