Manning, Favre, Marino

Game Used Jersey Basket


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 Manning, Favre, Marino | Game Used Jersey Basket.

As you know, Collectable received an offer to acquire our Manning, Favre, Marino | Game Used Jersey Basket for $55,000. The asset was offered on Collectable in March, 2021 for $50,000 ($10/share). The asset has been trading on Collectable’s secondary market, with last trade at $30,680 ($6.05/share).

Inclusive of Collectable’s equity interests in the offering and broker-dealer transaction fees, Collectable would return approximately $10.56 net price per share, if shareholders accept the offer. This represents a 5.6% return over the IPO price ($10/share) and a 74.54% net premium over the last traded price on Collectable’s secondary market ($6.05/Share).

On a share weighted basis, 64% opted to REJECT the buyout offer. The asset will continue to trade on Collectable’s secondary market!

All the best,

Ezra Levine

CEO, Collectable