Tender offers can be an exciting opportunity to turn private company equity into cash. But if you’re preparing to participate, you might quickly realize it’s not always as simple as selling everything you own. Companies typically set eligibility rules and seller limits to control who can participate – and how much they can sell. Here’s... The post Understanding Eligibility: Who Can Sell in a Tender, and How Much? appeared first on Nasdaq Private Market.| Nasdaq Private Market
Private companies are staying private longer than ever, which means employees and early investors often wait years before an IPO or acquisition, or in other words, an opportunity to receive cash in exchange for their equity. That’s where company-led tender offers come in. Unlike ad hoc secondary sales, which are often blocked, tenders are organized... The post The Benefits of Company-Led Tenders for Employees, Issuers, and Investors appeared first on Nasdaq Private Market.| Nasdaq Private Market
If you work at a private company, chances are some of your compensation comes in the form of equity – stock options, RSAs, RSUs, or other ownership. It’s exciting to think about, but until you can actually sell those shares, the value is locked up on paper. That’s where liquidity comes in. Liquidity is simply... The post A Beginner’s Guide to Liquidity: What It Means for Employees and Shareholders appeared first on Nasdaq Private Market.| Nasdaq Private Market