Luka Doncic

’18 White Sparkle PSA 9 1/1


Ezra Levine is the CEO of Collectable

Dear Investor,

We are writing to update you on the results of the 48-hour shareholder survey following the buyout offer on our Luka Doncic ’18 White Sparkle PSA 9 1/1 .

As you know, Collectable received an offer to acquire Luka Doncic ’18 White Sparkle PSA 9 1/1 for $350,000. The asset was offered on Collectable for $682,000 ($10/share). The asset has been trading on Collectable’s secondary market and last closed at $289,850 ($289,850/share), down 57.5% since IPO.

Inclusive of Collectable’s equity interests in the offering and broker-dealer transaction fees, Collectable would return approximately $4.84 net price per share following a positive survey of shareholders and decision by the Manager. This represents a -51.6% net return over the IPO price and a 13.88% net premium over last traded price on Collectable’s secondary market.

On a share weighted basis, 80% chose to REJECT the buyout offer. As a result, the Manager has declined the buyout offer. The asset will continue to trade on Collectable’s secondary market.

All the best,

Ezra Levine

CEO, Collectable