Looking to sell Hallow stock or options?
Hallow is a developer of an audio-guided Catholic meditation and prayer app that merges the tranquility of meditation with spiritual prayer growth. The application provides diverse prayer techniques, multiple audio guides, themed sessions, and customizable session lengths, empowering users to deepen their faith and achieve peace through guided meditation and prayer.
Motivate Venture Capital, Susa Ventures, Homebrew, Colin Moran, Annox Capital, Teamworthy Group, Goodwater Capital, General Catalyst, Highland Capital Partners, IrishAngels, Narya, FJ Labs, Peter Thiel, Uncork Capital, Liquid 2 Ventures, Alumni Ventures, James Perry, NextView Ventures, Unusual Ventures, Drive Capital, Scott Malpass, Contrary (San Francisco).
Hallow 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 Hallow stock. Depending on Hallow’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 Hallow 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 Hallow stock in two ways. First, Hallow 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 Hallow stock. Note that all transactions in Hallow 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.
Hallow 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 Hallow stock. Typically, shares of private companies like Hallow 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 2023, Hallow is reported to have closed an equity financing in which the investors valued the company at $376M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Hallow 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 Hallow is not currently publicly traded, it does not have a ticker symbol.
Hallow has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Hallow 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 Hallow 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.