Looking to sell Ostro stock or options?
Ostro operates a patient engagement and telemedicine platform aimed at optimizing the patient journey, covering aspects from consumer interaction to provider education. Ostro's platform facilitates virtual consultations, manages shipping and logistics, ensures regulatory compliance, and integrates payment and financial services. This allows patients to access healthcare products and services through an online interface.
Mark VC, Byers Capital, Global Founders Capital, RRE Ventures, Trust Ventures, Greycroft, Caffeinated Capital, Bling Capital, Founders Fund.
Ostro 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 Ostro stock. Depending on Ostro’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 Ostro 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 Ostro stock in two ways. First, Ostro 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 Ostro stock. Note that all transactions in Ostro 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.
Ostro 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 Ostro stock. Typically, shares of private companies like Ostro 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, Ostro is reported to have closed an equity financing in which the investors valued the company at $252M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Ostro 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 Ostro is not currently publicly traded, it does not have a ticker symbol.
Ostro has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Ostro 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 Ostro 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.