Looking to sell Frore Systems stock or options?
Frore Systems is a technology company specializing in advanced cooling solutions for electronic devices. They develop innovative thermal management technology that enhances the performance and efficiency of electronic components by effectively dissipating heat. Frore Systems aims to revolutionize cooling methods for a wide range of applications, from consumer electronics to high-performance computing, ensuring devices run cooler and more reliably.
Prosperity7 Ventures, Lee Fixel, Navin Chaddha, StepStone Group, MVP Ventures, Alumni Ventures, Fidelity Management & Research, Rajeev Madhavan, Clear Ventures, Mayfield Fund, Qualcomm Ventures, Ethos Financial Group, Addition.
Frore Systems 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 Frore Systems stock. Depending on Frore Systems’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 Frore Systems 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 Frore Systems stock in two ways. First, Frore Systems 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 Frore Systems stock. Note that all transactions in Frore Systems 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.
Frore Systems 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 Frore Systems stock. Typically, shares of private companies like Frore Systems 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 May 2024, Frore Systems is reported to have closed an equity financing in which the investors valued the company at $686M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Frore Systems 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 Frore Systems is not currently publicly traded, it does not have a ticker symbol.
Frore Systems has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Frore Systems 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 Frore Systems 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.