Looking to sell Brightside Health stock or options?
Brightside Health operates as a healthcare company dedicated to reducing anxiety and depression. Their platform emphasizes depression evaluation, treatment, and monitoring using clinically validated assessments and insights. It offers lifestyle tools, resources, medication, therapy referrals, and progress tracking, allowing patients to access quality depression care. This empowers them to maintain healthy, balanced, and productive lives.
Purpose Built Ventures, Inspire Global Ventures, Village Global, North 50 Venture Capital, Slow Ventures, Redwood Pacific Group, S32, Firebolt Ventures, Bullpen Capital, Kennedy Lewis, Unicorn Venture Partners, Halle Tecco, Mousse Partners, Samsung NEXT Ventures, Trousdale Ventures, Anne Wojcicki, Bryan Rosenblatt, Triventures, LivWell Ventures, Time BioVentures, Wanxiang Healthcare Investments, ACME Capital, Rosecliff Venture Partners, Tribe Capital.
Brightside Health 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 Brightside Health stock. Depending on Brightside Health’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 Brightside Health 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 Brightside Health stock in two ways. First, Brightside Health 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 Brightside Health stock. Note that all transactions in Brightside Health 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.
Brightside Health 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 Brightside Health stock. Typically, shares of private companies like Brightside Health 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 Mar 2024, Brightside Health is reported to have closed an equity financing in which the investors valued the company at $312M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Brightside Health 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 Brightside Health is not currently publicly traded, it does not have a ticker symbol.
Brightside Health has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Brightside Health 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 Brightside Health 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.