Looking to sell Regard stock or options?
Regard is the developer of a healthcare platform aimed at enhancing hospital finances, patient safety, and physician satisfaction. The platform leverages artificial intelligence to extract relevant information from medical records, aid in diagnosing critical conditions, and produce accurate documentation. This enables physicians to save time, minimize liability, and maximize appropriate reimbursements.
Andrew Houston, MedTech Innovator, TenOneTen Ventures, Oak HC/FT, Matt Kozlov, Susa Ventures, Marcus Shen, Startupbootcamp, Wavemaker Three-Sixty Health, Brook Byers, StartX (US), Techstars, PLG Ventures, Calibrate Ventures, Chris Furmanski, Virtual Capital Ventures, Plug and Play Tech Center, Magnet Ventures, Dreamit Ventures, Foundry Group, Cedars Sinai Health Ventures, Right Side Capital Management.
Regard 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 Regard stock. Depending on Regard’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 Regard 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 Regard stock in two ways. First, Regard 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 Regard stock. Note that all transactions in Regard 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.
Regard 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 Regard stock. Typically, shares of private companies like Regard 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 Jul 2024, Regard is reported to have closed an equity financing in which the investors valued the company at $350M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Regard 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 Regard is not currently publicly traded, it does not have a ticker symbol.
Regard has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Regard 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 Regard 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.