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After the Initial Offering is complete, a ~90 day cooling off period begins, during which no transactions occur in anticipation of trading.
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Buyout
Voting
Current investors vote on
whether or not an asset should be taken to auction or listed for
sale and also to approve or reject a collector's buyout offer to
purchase the entire asset.
Exit
If the majority of shareholders on Rally vote yes, the asset is sold, and the profits are split amongst all shareholders. If the majority vote no, it returns to trading on Rally.
OWN MCQUEEN'S PORSCHE PICK
’76 Porsche Turbo Carrera
Porsche released its first ever turbocharged road car in 1975, marketed in the U.S. as the Turbo Carrera. The 3.0-liter turbocharged engine quickly earned the Turbo Carrera a reputation as exhilarating, but challenging to drive—no surprise then that Steve McQueen was one of the first to buy one new. #76PT1 is 1 of only 530 Turbo Carreras built for the U.S. in 1976 and is the only example delivered in Light Yellow with Cinnamon Leather interior and Tartan seat inserts. #76PT1 has been enthusiast-owned since new and comes with a fully documented history, including a recent preservation award.
Porsche released its first ever turbocharged road car in 1975, marketed in the U.S. as the Turbo Carrera. The 3.0-liter turbocharged engine quickly earned the Turbo Carrera a reputation as exhilarating, but challenging to drive—no surprise then that Steve McQueen was one of the first to buy one new. #76PT1 is 1 of only 530 Turbo Carreras built for the U.S. in 1976 and is the only example delivered in Light Yellow with Cinnamon Leather interior and Tartan seat inserts. #76PT1 has been enthusiast-owned since new and comes with a fully documented history, including a recent preservation award.
The Details
Initial Offering Price Per Share
$63.30
Initial Offering Market Cap.
$189,900
Number of Shares
3,000
Initial Offering
March 2019
Storage Location
Rally
Order Book
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This asset has exited from Rally with profits being split amongst all shareholders. Learn more about Asset States
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