BUY OUT OFFER REJECTED
Find out the results below directly from former Brady’s @Patriots teammate, SB champion, and team captain LB @Jerod_Mayo51!
Ezra Levine is the CEO of Collectable
We are writing to update you on the results of the 48-hour shareholder vote following the Series #BRADYROOKIE acquisition offer.
As you know, Collectable received an offer to acquire the Tom Brady SP Authentic PSA 10 for $160,000 2 days ago, following December’s $56,500 IPO.
On a share weighted basis, 51% voted to DECLINE the buyout offer – the closest shareholder vote in Collectable history!
As a result, the acquisition offer has been declined and the asset will remain on Collectable’s platform, with secondary trading due to open on March 17.
Collectable will continue to field offers on this asset and present shareholders with qualified offers along the way.
All the best,