Private Company Secondary Auctions
Determine your transaction timing, price range and sell limits within NPM’s flexible auction mechanism.
Get StartedThis Solution Helps:
Private Companies | Founders | Individual Investors
NPM Uses Its Legal Expertise And Experience With Secondary Trading To Set Up And Facilitate Auction-style Bidding Processes For Private Company Shareholders And Investors.
With companies staying private longer and dry powder continuing to remain at all-time high levels, we address the growing liquidity demands of the private market with a secondary auction format that provides competitive pricing and potentially allows company shareholders to be more involved in the transaction itself.
Why Nasdaq Private Market?
Multiple Opportunities. One Partner.
Customizable Auction Parameters
Auctions provide the same level of customization, if not higher, than standard private company tender offers. Companies can name price floors and ceilings, project or limit the amount eligible to be sold in the transaction, and more.
Competitive Price Discovery
Companies that run auctions may benefit from competitive price discovery from sophisticated, institutional buyers, which generally leads to more transparent clearing price calculations.
Time to Liquidity
Depending on the structure, companies may be able to carry out company-wide auctions in less time than it takes to hold a traditional tender offer, mainly due to the 20-business day mandatory tender offer window.
Streamline Liquidity Management
Structured to Fit
Your Liquidity Stage
There’s technology — and there’s the NPM Platform. A central marketplace that connects you with engaged investors and partners. Tailored technology gives you the features you need to execute smart, streamlined transactions quickly and efficiently.
Request a DemoTransactions in Action
A Smooth and Efficient Client Experience
We had the pleasure of using the NPM platform and had a fantastic overall experience. NPM’s knowledgeable and efficient team enabled us to successfully launch within a tight time frame.
June Ko
General Counsel, CircleCi
June Ko
General Counsel, CircleCi
