Looking to sell Locus Robotics stock or options?
Locus Robotics develops autonomous mobile robots aimed at streamlining and automating warehouse and e-commerce operations for its clients. These robots work collaboratively with human employees, significantly enhancing piece-handling productivity while reducing labor needs compared to conventional picking systems. This allows Locus Robotics' clients to run efficient fulfillment operations, effectively managing labor expenses and handling varying order volumes.
Stack Capital Group, Hyperspeed Ventures, SVB Financial Group, Gray's Creek Capital Partners, EDBI, Next47, Stafford Capital Partners, BOND Capital (San Francisco), Prologis Ventures, The Goldman Sachs Group, G2 Venture Partners, Inc, Goldman Sachs Growth Equity, Newton Investment Management, HESTA Industry Super Fund, Scale Venture Partners, Zebra Ventures, Tiger Global Management.
Locus Robotics 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 Locus Robotics stock. Depending on Locus Robotics’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 Locus Robotics 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 Locus Robotics stock in two ways. First, Locus Robotics 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 Locus Robotics stock. Note that all transactions in Locus Robotics 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.
Locus Robotics 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 Locus Robotics stock. Typically, shares of private companies like Locus Robotics 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 Nov 2022, Locus Robotics is reported to have closed an equity financing in which the investors valued the company at $1.94B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Locus Robotics 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 Locus Robotics is not currently publicly traded, it does not have a ticker symbol.
Locus Robotics has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Locus Robotics 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 Locus Robotics 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.