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Initial Offering
Like an "IPO” in the stock market, this is your first chance to purchase shares in an asset. Once all shares are purchased, the offering is complete.
Trading Soon
After the Initial Offering is complete, a ~90 day cooling off period begins, during which no transactions occur in anticipation of trading.
Trading
Bid/Ask trading begins, giving you an opportunity to sell your shares or add to your position.
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 A PRISTINE BMW M3
’88 BMW M3
BMW M3’s success on both the racetrack and the showroom floor set the stage for what has become an icon of 1980s motorsports & performance. Known to enthusiasts as the “E30 M3,” the car is lauded for it's superb performance and handling capabilities, making the model one of the most sought-after M3s ever produced. While 5,000 were produced for the US market, finding examples in top condition is no easy feat, as the large majority of these cars were thoroughly enjoyed by owners. With fewer than 10k miles driven by the car’s single owner, #88BM1 presents as one of the finest available examples.
BMW M3’s success on both the racetrack and the showroom floor set the stage for what has become an icon of 1980s motorsports & performance. Known to enthusiasts as the “E30 M3,” the car is lauded for it's superb performance and handling capabilities, making the model one of the most sought-after M3s ever produced. While 5,000 were produced for the US market, finding examples in top condition is no easy feat, as the large majority of these cars were thoroughly enjoyed by owners. With fewer than 10k miles driven by the car’s single owner, #88BM1 presents as one of the finest available examples.
The Details
Initial Offering Price Per Share
$47.00
Initial Offering Market Cap.
$141,000
Number of Shares
3,000
Initial Offering
January 2019
Storage Location
Rally
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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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Your Shares Unlock Exclusive Experiences
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We Consider Your Vote
As an investor, you may participate in a non-binding poll regarding whether Rally should sell the asset that you have invested in.