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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 THE PLAYOFF PROVEN AJ11s
’96 Michael Jordan Playoff-Worn Air Jordan 11’s “Bred”
When Michael Jordan shocked the world by announcing his departure from the NBA to pursue his dreams on the baseball diamond, many thought that spelled the end of the Air Jordan brand. But for Tinker Hatfield, the designer behind many of the most successful Jordan shoes, it only inspired him to make the next release even more innovative. #96JORDAN2 is a pair of Michael Jordan Playoff Worn and Dual Signed ‘Player Sample’ Air Jordan 11’s. Featuring the classic “Bred” colorway and signatures on both shoes, Jordan wore #96JORDAN2 during the ’95-96 playoffs, which culminated in his fourth NBA title.
When Michael Jordan shocked the world by announcing his departure from the NBA to pursue his dreams on the baseball diamond, many thought that spelled the end of the Air Jordan brand. But for Tinker Hatfield, the designer behind many of the most successful Jordan shoes, it only inspired him to make the next release even more innovative. #96JORDAN2 is a pair of Michael Jordan Playoff Worn and Dual Signed ‘Player Sample’ Air Jordan 11’s. Featuring the classic “Bred” colorway and signatures on both shoes, Jordan wore #96JORDAN2 during the ’95-96 playoffs, which culminated in his fourth NBA title.
The Details
Initial Offering Price Per Share
$5.00
Initial Offering Market Cap.
$54,000
Number of Shares
10,800
Initial Offering
January 2021
Storage Location
Rally
Order Book
Want to Buy it Outright?
A "Buyout" happens when someone buys the full asset and takes possession. To make this happen, the people who own a share of it and a Rally's 3rd party Advisory Board have to agree to the sale.
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Investors are currently voting on whether the asset should be taken to auction, listed for sale, or if a private collector's buyout offer to acquire the entire asset should be approved. Learn more about Asset States
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