Private Company Solutions

For

  • Automating tender offers, buybacks, and auctions
  • Facilitating option plan amendments/repricings, 701 Disclosures, and RSU programs
  • Locating secondary capital from institutional buyers
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Why Partner With Us

  • End-to-End Technology

    Streamline manual workflows like allowing sellers to select which stock holdings to sell from, document signature collection, settlement and processing payments.

  • Experienced Intermediary

    We are SEC-registered broker-dealers and have been working with leading private companies to automate secondary sales since 2013.*

  • Secondary Buyer Network

    Access a growing pool of institutional buyers focused on direct secondaries with private companies.

* Broker-Dealer services provided through NPM Securities, LLC and SMTX, LLC, both members of FINRA and SIPC.

At Nasdaq Private Market, we are ushering in new era of possibility for private companies that are seeking more flexibility in raising capital. By using modern technology and hosting an ecosystem of institutional buyers within a comprehensive regulatory framework, we are reimagining the markets of tomorrow.

Nasdaq’s Liquidity Solutions Evolve As Companies Grow:

  • Throughout the company lifecycle, liquidity pressures for shareholders and early investors grows
  • Nasdaq aligns its liquidity solutions across the life of a company, from private to public
  • Companies need to be able to facilitate liquidity without sacrificing control, Nasdaq provides a model that evolves as companies grow

Total Transaction Volume Since Inception

$17B+

Read 2017 Year-End Retrospective

Liquidity Programs Facilitated Since Inception

190+

Read 2017 Year-End Retrospective

Private Company Solutions

Tender Offers & Company Buybacks

We provide an automated, streamlined liquidity process for shareholders and investors.

Key Offerings

  • Maintain control

  • Create tailored transaction structure

  • Integrated payment and settlement

Secondary Capital Introductions

We help locate the capital and strategic investors to propel your company forward.

Key Offerings

  • Help determine market driven pricing within a defined range

  • Companies hand-pick investors

  • Limited operational & transaction burdens

Private Company Auctions

We provide a flexible auction mechanism that fits your timing, price range and sell limits.

Key Offerings

  • Access to institutional investor network

  • Determine pricing within defined range

  • Intuitive bidding system

Option Extensions, Repricing and Cancellations

Allow select shareholders to convert stock options to avoid expiration or allow repricing through a customized workflow.

Key Offerings

  • Centralized documentation

  • Simple data integration

  • Transparent managerial view

RSU Vesting & Tax Payment Programs

Enable select shareholders to meet tax obligation payments through the sale of vested units.

Key Offerings

  • Online document execution

  • Real-time activity monitoring

  • Streamlined payments

701 Disclosures

Facilitate Rule 701 compliance with an online data room for distributing disclosure documents.

Key Offerings

  • Automated controls

  • Full transparency

Communication and collaboration solutions for Boards and Senior Executives.

Key Offerings

  • Leading board collaboration platform

  • Powered by Nasdaq Technology

  • Proven security features

HOW IT WORKS

Offering partial liquidity as a private company is becoming mainstream, and in some cases an accepted interim or alternative to the public markets. We leverage our extensive market experience and best practices to help you create and structure a program designed to drive efficiency and successful execution across a company, its shareholders and buyers.

01

PRE-LAUNCH: CUSTOMIZATION

Our team of specialists work with your company’s management team to define program goals and create a customized solution reflecting industry best practices.

02

Program Execution Workflow Support

The NPM platform guides company-approved shareholders through the sell order process, collecting necessary documents and signatures. Our dedicated specialists provide ongoing shareholder support.

03

POST PROGRAM Closing and Settlement

Once the offer period expires, NPM facilitates closing and provides comprehensive settlement reporting to your company.

 

 

Liquidity programs have become mainstream. It is now an accepted tool in the toolbox for private companies to retain and reward employees for their hard work and provide liquidity for early investors.

Jamie Hutchinson, Partner, Goodwin Procter

 

 

Want to learn more?

For product demos and more information about secondary liquidity, we’re here to help.