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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.
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’89 Ferrari Testarossa
Introduced in 1984 as a reboot to the Berlinetta Boxer, the Testarossa came to define the 1980s poster car image. In addition to becoming the automaker’s flagship car, the Testarossa was highly popular and prominently featured in the TV series “Miami Vice.” Ferrari produced only 261 examples for the U.S. in 1989, with perhaps only two or three sporting the Azzurro Metallizzato paint over Blue Leather configuration of #89FT1. Classiche-certified with 5,500 miles and a single owner from new, #89FT1 is a prime example of Ferrari’s iconic 80s sports car.
Introduced in 1984 as a reboot to the Berlinetta Boxer, the Testarossa came to define the 1980s poster car image. In addition to becoming the automaker’s flagship car, the Testarossa was highly popular and prominently featured in the TV series “Miami Vice.” Ferrari produced only 261 examples for the U.S. in 1989, with perhaps only two or three sporting the Azzurro Metallizzato paint over Blue Leather configuration of #89FT1. Classiche-certified with 5,500 miles and a single owner from new, #89FT1 is a prime example of Ferrari’s iconic 80s sports car.
The Details
Initial Offering Price Per Share
$45.00
Initial Offering Market Cap.
$180,000
Number of Shares
4,000
Initial Offering
September 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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As an investor, you may participate in a non-binding poll regarding whether Rally should sell the asset that you have invested in.