Looking to sell Motive stock or options?
Motive produces electronic fleet tracking devices aimed at modernizing long-haul trucking services. Their platform provides comprehensive fleet management through electronic logging devices and GPS tracking, featuring tools for electronic logs, IFTA reporting, vehicle diagnostics, driver performance monitoring, and vehicle utilization tracking. This enables fleet managers and dispatchers to efficiently audit driver logs, monitor locations, and communicate.
Quiet Capital, Bosch Ventures, 9Yards Capital, Goanna Capital, GV, West Coast Equity Partners, Agmen Capital, BlackRock, BBQ Capital, Sax Capital, Base10 Partners, SharesPost, Itochu, Builders VC, G2 Venture Partners, Index Ventures, Reform Ventures, Scale Venture Partners, Greenoaks Capital Partners, Cascade Investment Fund, The Progressive, WiL (World Innovation Lab), Summit Peak Investments, Bow Capital, Fox Ventures.
Motive 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 Motive stock. Depending on Motive’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 Motive 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 Motive stock in two ways. First, Motive 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 Motive stock. Note that all transactions in Motive 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.
Motive 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 Motive stock. Typically, shares of private companies like Motive 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 2022, Motive is reported to have closed an equity financing in which the investors valued the company at $2.85B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Motive 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 Motive is not currently publicly traded, it does not have a ticker symbol.
Motive has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Motive 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 Motive 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.
Read trending news, stories and press releases from PMN Wire News about Canadian and international businesses.
Read trending news, stories and press releases from PMN Wire News about Canadian and international businesses.
Motive hits out at fleet tech rival Samsara over patent infringement
Samsara requests the ITC to issue an exclusion order and a cease-and-desist order to prevent Motive from selling its products in the U.S.
Lawsuit claims top execs made fake accounts to study and copy competing products for years
The growth of home shopping and international trade has made businesses and consumers more reliant on delivery vehicles than ever. For companies that regularly transport goods, the best way to manage a fleet of delivery vehicles on ever-more-crowded roads and freeways is with a GPS fleet tracking system that’s always updated. Motive sets itself apart from other vendors in this market by balancing the standard commercial needs businesses have with the importance of driver accountability.
SAN FRANCISCO--(BUSINESS WIRE)--KeepTruckin has changed its name to Motive, underscoring its expanded focus and direction. Alongside its rebrand, Motive has launched the Automated Operations Platform, a combination of IoT hardware and AI-powered applications …
KeepTruckin released the results of a two-year-long study on the use of AI technology for driver safety and coaching in commercial vehicles. The key findings: Active use of AI and coaching techniques led to 22% fewer accidents and 56% fewer unsafe driving inc…
SAN FRANCISCO--(BUSINESS WIRE)--KeepTruckin, the leader in fleet management technology, has completed a study on the use of artificial intelligence technology for driver safety and coaching in commercial vehicles. A key takeaway was that using AI to monitor v…
SAN FRANCISCO--(BUSINESS WIRE)--KeepTruckin, a leader in fleet management technology, further strengthens its leadership bench with the addition of Silicon Valley veterans Dana Evan and Joe Kraus to its Board of Directors. Evan and Kraus bring significant exp…