Startup Funding Espresso -- Types of Secondary Transactions
b'Type of Secondary Transactions Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are several types of secondary transactions as follows: Confidentially marketed public offerings -- these offerings go to institutional investors. These transactions use an S3 form to provide shares to known buyers. Bought deal -- these shares are bought by an underwriter who takes the risk of the transaction. Since the risk is shouldered by one underwriter the shares are typically priced higher. PIPEs -- these are Private Investments in Public Entities and give private investors the ability to buy shares directly in the company without public disclosure. PIPEs are more heavily discounted. Block trades -- these are transactions used by smaller sellers to sell their shares directly to another buyer without having to go through an underwriter. These transactions provide alternative ways of completing a secondary sale. \\xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let\\u2019s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: \\xa0 Check out our other podcasts here: \\xa0 For Investors check out: \\xa0 For Startups check out: \\xa0 For eGuides check out: \\xa0 For upcoming Events, check out \\xa0\\xa0 For Feedback please contact info@tencapital.group\\xa0\\xa0\\xa0 Please , share, and leave a review. Music courtesy of .'