Wilt Chamberlain

High School 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 1954 High School Full Uniform.

As you know, Collectable received an offer to acquire the item for $632,000 following the December IPO of $316,000 IPO. Inclusive of Collectable’s equity interests in the offering and broker dealer transaction fees, the offer represented a 93.48% premium over the price investors paid on the IPO ($25/share), and a 38.2% premium over last traded price on Collectable’s secondary market ($35/share).

However, on a share weighted basis, 75% decided to decline the buyout offer – and so Collectable has rejected the buyer’s offer for the underlying asset on their behalf.

The asset will resume trading on our secondary market today, and will be open for Post-Only Bids & Asks 24/7, with order matching and continuous live trading during Power Hour (Monday-Friday between 3pm & 4pm ET).

All the best,

Ezra Levine

CEO, Collectable