Looking to sell BigPanda stock or options?
BigPanda, a developer of an incident management platform, aims to enhance various IT operations processes. Their solution leverages artificial intelligence to consolidate alerts from diverse monitoring tools, analyze incidents, identify patterns, and predict potential issues before escalation. This enables IT operations teams to minimize downtime and improve service reliability.
Glynn Capital, Battery Ventures, TPG, Mayfield Fund, UBS Group, MicroVentures, The Syndicate Group, Greenfield Partners, Sunley House Capital Management, Advent International, Pelion Venture Partners, Metro Spaces, S Capital VC, Akkadian Ventures, Wells Fargo.
BigPanda is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize BigPanda stock. Depending on BigPanda’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange BigPanda stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of BigPanda stock in two ways. First, BigPanda employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your BigPanda stock. Note that all transactions in BigPanda shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
BigPanda stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for BigPanda stock. Typically, shares of private companies like BigPanda are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On Aug 2022, BigPanda is reported to have closed an equity financing in which the investors valued the company at $1.24B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of BigPanda shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because BigPanda is not currently publicly traded, it does not have a ticker symbol.
BigPanda has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though BigPanda is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on BigPanda shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.
The Israeli company, which raised $190 million at a $1.2 billion valuation last year, is parting ways with around 40 employees in total
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BigPanda, a startup developing AI to audit changes in IT environments and recommend how to fix them, has raised $20 million in an extension of its Series E round. UBS Next and Wells Fargo Strategic Capital contributed to the tranche, bringing BigPanda’s total…