Stephen Curry

2009 Signed Rookie Cards Basket


Ezra Levine is the CEO of Collectable

Dear Investor,

We are writing to update you on Series #CurryBasket. As you know, we conducted a pro-rata shareholder vote after receiving an acquisition offer for $70,000. For context, Collectable IPO’d this offering for $40,000 on September 24th, 2020.

On a share weighted basis, 69% voted in favor of selling. As a result, we passed the acquisition offer to our advisory committee for review.

In a 4-1 vote, our advisory committee voted to accept the offer. Their vote was guided primarily by shareholder sentiment and the belief this offer represents a fair and equitable exchange at today’s valuations.

With support from both a majority of the shareholders and advisory committee, Collectable has agreed to accept the buyer’s offer for the underlying asset in the Series #CurryBasket for $70,000.

Shareholders will receive a payout out of $34.18 per share, after accounting for Collectable’s equity interests and broker dealer transaction fees. This represents a 70.9% return in just less than 3 months.

A return of 70.9% from September 24th, 2020 to December 18th, 2020 beats out traditional assets like the S&P 500 (+15.0%), Russell 2000 (+35.8%), and Gold (+1.8%), and only trails cryptocurrency, Bitcoin (+126.2%).

With an accepted offer, shares in the Series #CurryBasket will be retired and pay-outs will be made pro-rata based on your share count. Please note, no personal tax withholdings will be deducted from your payout. Profits generated from the sale will be recorded on your K1 statement, which will be issued in time for you to reflect these gains in your 2020 tax returns. Please allow 10 business days for the funds to be distributed into the bank account you have linked to Collectable’s app.

All the best

Ezra Levine

CEO, Collectable