Nasdaq Private Market (NPM) provides a technology-enabled approach to completing complex tender offers and company repurchases.
NPM helps your company address shareholders' liquidity needs with greater administrative ease through our modern secondary technology, comprehensive regulatory framework, and ecosystem of institutional buyers. Our team supports program participants throughout the entire liquidity event, from onboarding through cash settlement.
Why Facilitate your Transaction with NPM?
Customized Platform Environment
NPM can help inform important decisions, such as determining how many shares to sell or who to allow in the sale. The parameters set are flexible in accordance with the companies' goals for their liquidity programs.
NPM's streamlined platform is protected with a password and can include a company's NDA, configured with program-specific parameters, and programmed so you can monitor activity necessary for completing an offer, such as document collection and signatures.
NPM has seen a large host of transaction types across our 275+ programs, which have bolstered and honed our experience on various cutback rules, eligibility and restrictions, and the most common ways to structure different transaction types.
2 Weeks: Setup
Our team works with the Company to understand its program needs, communicate details to shareholders and review the transaction platform prior to launch.
4 Weeks: Launch & Live
The NPM platform and designated account managers assist shareholders through the tender submission and e-signature process, while the Company can monitor the offering status through a live dashboard and view reports on transaction milestones.
2 Weeks: Settlement
Once the offer period ends and tenders can no longer be withdrawn, our technology platform will collect and allow company to review shareholder information and electronic signatures before NPM's Paying Agent facilitates closing and settlement.
Potential Benefits of Tender Offers & Repurchases
Clean up your cap table
Facilitate liquidity events with NPM to simplify your cap table and gain access to new investors who are aligned with your company’s goals.
Relieve internal liquidity pressures
Provide a path to liquidity for early-stage investors and longstanding employees who have remained committed to your vision.
Attract and retain employees
Gain a competitive advantage in retaining and recruiting new talent for your company by determining the message and recurrence of liquidity.
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FOR CORPORATE SOLUTIONSKey Features
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