Looking to sell Clay stock or options?
Clay is the developer of an AI-driven sales intelligence software designed for effective lead management. This platform enables businesses to expand by discovering and engaging with customers without significant investments in tools or manual work. It facilitates the automation of personalized outreach on a large scale for any campaign, allowing companies to seamlessly integrate their applications and code into automated workflows, create useful tools, and enhance data sets.
S12F, HubSpot Ventures, Sequoia Capital, MKT1, First Round Capital, Notation Capital, Meritech Capital Partners, Abstract Ventures, Flight Ventures, Builders VC, BoxGroup, CSC UpShot Ventures, Boldstart Ventures, Maple VC.
Clay 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 Clay stock. Depending on Clay’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 Clay 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 Clay stock in two ways. First, Clay 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 Clay stock. Note that all transactions in Clay 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.
Clay 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 Clay stock. Typically, shares of private companies like Clay 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 Jun 2024, Clay is reported to have closed an equity financing in which the investors valued the company at $512M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Clay 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 Clay is not currently publicly traded, it does not have a ticker symbol.
Clay has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Clay 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 Clay 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.