BUY OUT COMPLETED
Ezra Levine is the CEO of Collectable
Dear Shareholders of Babe Ruth Baltimore News SGC 3,
We are pleased to announce a completed buy out for this Series. As investors will recall from the Offering Circular filed in this Series, the Owner may repurchase the outstanding shares at a premium of 125% to the average trading price over the preceding 30-day window.
Shareholders of record will receive a payout of $4.41 per-share, which is 47% above IPO price, and 19.19% over the last trading price. This implies a valuation for the asset at $8.83 million.
The asset will be retired from Collectable and all investors of record will receive a cash payout of $4.41/share to their Collectable wallet. Please allow up to 14 business days to receive your funds.
Thank you for participating and congratulations to all shareholders,