Wilt Chamberlain

’59-’60 Game Worn Rookie Uniform


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 Wilt Chamberlain ’59-’60 Game Worn Rookie Uniform

As you know, Collectable received an offer to acquire Wilt Chamberlain ’59-’60 Game Worn Rookie Uniform for $3,000,000. The asset was offered on Collectable for $1,275,000 ($10/share). The asset has been trading on Collectable’s secondary market and last closed at $2,486,250 ($19.50/share), up 95% since IPO.

Inclusive of Collectable’s equity interests in the offering and broker-dealer transaction fees, Collectable would return approximately $21.34 net price per share following a positive survey of shareholders and decision by the Manager. This represents a 113.40% net return over the IPO price and a 8.62% net premium over last traded price on Collectable’s secondary market.

On a share weighted basis, 92.5% 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