Looking to sell Loyal stock or options?
Loyal specializes in creating veterinary medications designed to enhance the health span and lifespan of dogs. The company's products aim to postpone the development of age-associated diseases such as cancer, heart disorders, and metabolic conditions, allowing dogs to enjoy longer and healthier lives.
Will Manidis, Browder Capital, P93 Ventures, BoxGroup, Predictive Venture Partners, Khosla Ventures, Authentic (San Juan), Village Global, Refactor Capital, Buffalo Ventures, Collaborative Fund, Metaplanet Holdings, 535West, Bedrock, Todd and Rahul's Angel Fund, Polymath Capital Partners, The Longevity Fund, Bain Capital Ventures, Quiet Capital, The eFactory, Valor Equity Partners, Anant Chimmalgi, MVP Ventures, Gaingels, Lachy Groom.
Loyal 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 Loyal stock. Depending on Loyal’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 Loyal 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 Loyal stock in two ways. First, Loyal 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 Loyal stock. Note that all transactions in Loyal 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.
Loyal 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 Loyal stock. Typically, shares of private companies like Loyal 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 Oct 2024, Loyal is reported to have closed an equity financing in which the investors valued the company at $428M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Loyal 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 Loyal is not currently publicly traded, it does not have a ticker symbol.
Loyal has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Loyal 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 Loyal 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.