Ernie Banks

1954 Topps PSA 9


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 #BANKS1954PSA9 acquisition offer.

As you know, Collectable received an offer to acquire the Ernie Banks 1954 Topps PSA 9 for $150,000 following January’s $87,000 IPO. Inclusive of Collectable’s equity interests in the offering and broker dealer transaction fees, the offer represented a 62.04% premium over the price investors paid on the IPO.

However, on a share weighted basis, 67% voted No. As a result, Collectable has rejected the buyer’s offer for the underlying asset on their behalf.

The card will now stay on the Collectable platform and will begin trading on our secondary on April 14th.

Ezra Levine

CEO, Collectable