Looking to sell Brinc stock or options?
Brinc specializes in creating drones for both indoor and outdoor use, aimed at supporting tactical teams during barricades, hostage crises, and active shooter incidents to enhance public safety. The company's drones are equipped with advanced battery technology for extended flight times, cellular communication capabilities, and interchangeable sensors, allowing them to effectively assist clients in safeguarding lives and mitigating conflict between law enforcement and suspects.
Sam Altman, Sheridan Clayborne, Starship Ventures, Shane Curran, Fractal (California), Index Ventures, Alex Wang, Next Play Ventures, Dylan Field, Patrick Shanahan, Elad Gil, Browder Capital, Tusk Venture Partners, Patrick Spence, Sean Hoge.
Brinc is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize Brinc stock. Depending on Brinc’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange Brinc stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of Brinc stock in two ways. First, Brinc employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your Brinc stock. Note that all transactions in Brinc shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
Brinc stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for Brinc stock. Typically, shares of private companies like Brinc are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On Dec 2021, Brinc is reported to have closed an equity financing in which the investors valued the company at $394M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Brinc shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because Brinc is not currently publicly traded, it does not have a ticker symbol.
Brinc has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Brinc is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on Brinc shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.