Looking to sell Flexport stock or options?
Flexport, a freight forwarding platform developer, offers a service that enhances visibility and control across the entire supply chain. The platform managed by Flexport organizes the transportation of goods and tracks the inventory in real-time for orders delivered via ocean, air, and road freight. This innovative technology allows logistics companies to optimize their transportation routes and effectively manage their inventory.
Alexis Ohanian, Neurone, Snow Fox Partners, Rugged Ventures, Ventioneers, Reform Ventures, Friends & Family Capital, Spur Capital Partners, Ashton Kutcher, Kindling Capital, Carmen Busquets, Seek Ventures, Rosecliff Venture Partners, SV Angel, Lee Linden, FG2 Capital, Disruptive, EB Exchange, Jovono, University Growth Fund, 3Spoke Capital, Wesley Chan, DT Unicorn Fund, Paul Sethi, 535West.
Flexport 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 Flexport stock. Depending on Flexport’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 Flexport 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 Flexport stock in two ways. First, Flexport 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 Flexport stock. Note that all transactions in Flexport 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.
Flexport 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 Flexport stock. Typically, shares of private companies like Flexport 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 Feb 2022, Flexport is reported to have closed an equity financing in which the investors valued the company at $8.0B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Flexport 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 Flexport is not currently publicly traded, it does not have a ticker symbol.
Flexport has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Flexport 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 Flexport 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.