Hacker Read

carlineng · 2021-02-25 18:26:25

In a Direct Listing, the company does not issue new shares. This doesn't mean they can't in the future, but it's just not part of the company's initial listing on the public markets.

giantg2 | karma 18870 | avg karma 1.42 · | 2021-12-17 14:06:44

Company doesn't offer stock and is private.

Evbn | karma 3114 | avg karma 1.08 · | 2013-03-10 16:12:09+00:00

The shares can be allocated but not offered.

tathougies | karma 4293 | avg karma 1.74 · | 2020-04-07 17:10:04+00:00

They haven't issued shares yet so we can't know

GLjEI4YbnGD27LB | karma 51 | avg karma 1.5 · | 2019-05-05 06:46:58+00:00

My uneducated guess would be that they have no outstanding stock, as they have not done an IPO. So you can't short against their zero public stock.

Layke1123 | karma 11 | avg karma 0.03 · | 2021-01-28 20:48:52+00:00

Sure, not listing a stock is entirely different than only allowing a user to sell a listed stock.

bpodgursky | karma 6389 | avg karma 2.05 · | 2020-08-18 19:13:31+00:00

It's not public, and no companies issue non-voting shares. It's not even clear they would be allowed by the SEC.

kenny11 | karma 140 | avg karma 2.46 · | 2022-10-31 00:11:01

There is no stock price, it's a private company now.

bparsons | karma 1074 | avg karma 2.78 · | 2019-04-21 16:08:47

It is not a publicly traded stock.

dharma1 | karma 4406 | avg karma 1.9 · | 2017-05-31 16:58:32+00:00

It's not regulated, and they are not selling equity/shares in the company

mpeg | karma 2329 | avg karma 3.25 · | 2015-02-16 17:49:43

I just don't believe this is post-IPO, or for non-managers.

StavrosK | karma 1 | avg karma 0.0 · | 2015-01-12 01:15:54

Is that because the stock hasn't vested?

AndrewBissell | karma 11407 | avg karma 3.62 · | 2020-06-13 00:38:26

There's no difference between these newly issued shares and "old shares."

nailer | karma 21705 | avg karma 2.02 · | 2023-03-16 10:40:40

That’s a pity. As an investor I’d love to buy shares of Stripe, Epic, and other unlisted companies.

s1artibartfast | karma 14516 | avg karma 1.44 · | 2023-11-02 22:12:31

The shares may not be transferrable, or some investors may not want to go to the trouble.

otterley | karma 9624 | avg karma 2.68 · | 2023-05-24 14:32:32

That's a brokerage, not a holding company.

throwaway5959 | karma 2278 | avg karma 1.92 · | 2022-09-16 16:45:23

They’re not publicly traded. That’s how. They can do whatever they want within the letter of the law and aren’t beholden to shareholders.

kobeya | karma 2900 | avg karma 2.03 · | 2017-01-18 18:08:41

Because there are no profits because you can't sell the shares because the company is private.

Palmik | karma 1133 | avg karma 4.09 · | 2017-08-24 10:27:23

The form also does not let you specify regularly vesting stock for publicly traded companies.

taken_username | karma 55 | avg karma 1.38 · | 2020-08-24 22:10:25+00:00

> Our common stock is currently not listed on any securities exchange. We have applied to have our common stock listed on the NYSE under the symbol “U”.

U like Unity, not Uber or Unreal.

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