Partnership Plans to Bring Liquidity to
Eqvista’s Network of 3,500+ Seed-Stage to Pre-IPO Companies
tZERO, a leader in blockchain innovation and liquidity for
digital assets, announced today that it has signed an agreement
with Eqvista, an integrated, cloud-based equity management platform
with over 3,500 issuers ranging from seed-stage to pre-IPO
companies. This partnership is intended to introduce Eqvista’s
clients seeking tokenization services and/or secondary liquidity to
an innovative, regulated venue like the tZERO ATS (Alternative
Trading System), a FINRA member broker-dealer.
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the full release here:
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tZERO CEO Saum Noursalehi stated, “We are thrilled to partner
with Eqvista and connect with its robust network of clients looking
for technology services and a secondary liquidity solution. Our top
priority continues to be to increase tZERO’s exposure to
high-quality companies that are interested in a path to secondary
trading through digital securities, and this announcement will help
drive this goal forward.”
Eqvista is a sophisticated equity management software that
allows companies, investors, and shareholders to easily and
effectively track, manage, and make intelligent decisions about
their companies’ equity. Its aim is to ease the current system for
share management, cap tables, and company filings to enable
companies to focus on what really matters to their businesses.
Eqvista Founder and CEO Tomas Milar said, “As more companies
remain private longer and have complex capital structures, Eqvista
brings an advanced equity management software solution that
simplifies the way companies handle their ownership. Our
partnership with tZERO is a natural extension in supporting our
clients by providing access to tZERO, a market leader in technology
solutions for secondary liquidity.”
tZERO is a technology firm with the goal of democratizing access
to private capital markets. tZERO is a subsidiary of Medici
Ventures, the blockchain-focused, wholly owned subsidiary of
Overstock.com, Inc. (NASDAQ:OSTK).
About tZERO
tZERO Group, Inc. and its broker-dealer subsidiaries (tZERO)
provide an innovative liquidity platform for private companies and
assets. We offer institutional-grade solutions for issuers looking
to digitize their capital table through blockchain technology, and
trade on a regulated alternative trading system. tZERO democratizes
access to private assets by providing a simple, automated, and
efficient trading venue to broker-dealers, institutions, and
investors. For more information on tZERO, please visit
https://www.tzero.com/.
tZERO is not a registered broker-dealer, funding portal,
underwriter, investment bank, investment adviser or investment
manager, and is not providing brokerage, investment banking or
underwriting services, recommendations or investment advice to any
person, and does not provide any brokerage services. tZERO takes no
part in the negotiation or execution of secondary market
transactions for the purchase or sale of securities and at no time
has possession of investor funds or securities in connection with
such transactions.
About tZERO ATS
tZERO ATS, LLC is a broker-dealer registered with the SEC and a
member of FINRA and SIPC. More information about tZERO ATS may be
found at https://brokercheck.finra.org/. Digital securities that
trade on tZERO ATS are conventional uncertificated securities.
Ownership of such securities is reflected on the traditional books
and records of regulated market participants. The term "digital"
refers to the blockchain technology elements of a security that are
intended to enhance investor experience through added
transparency.
About Eqvista
Being a sophisticated equity management software, Eqvista
permits company founders, shareholders, and investors to record and
make smart decisions about the equity of their company. All
companies from pre-IPO companies to seed-stage companies can manage
their equity electronically. Eqvista valuation experts also
specialize in audit defensible 409A valuations, as they are NACVA
certified to perform 409A valuations.
Investor Notice
Investors should note that trading securities could involve
substantial risks, including no guarantee of returns, costs
associated with selling and purchasing, no assurance of liquidity,
which could impact the price and ability to sell, and possible loss
of principal invested. Further, an investment in single security
could mean lack of diversification and, consequently, higher risk.
Potential investors are urged to consult a professional adviser
regarding any economic, tax, legal or other consequences of trading
any securities as described herein.
No Offer, Solicitation, Investment Advice or
Recommendations
This release is for informational purposes only and does not
constitute an offer to sell, a solicitation to buy, or a
recommendation for any security, nor does it constitute an offer to
provide investment advisory or other services by tZERO or any of
its affiliates, subsidiaries, officers, directors or employees. No
reference to any specific security constitutes a recommendation to
buy, sell, or hold that security or any other security. Nothing in
this release shall be considered a solicitation or offer to buy or
sell any security, future, option or other financial instrument or
to offer or provide any investment advice or service to any person
in any jurisdiction. Nothing contained in this release constitutes
investment advice or offers any opinion with respect to the
suitability of any security, and the views expressed in this
release should not be taken as advice to buy, sell or hold any
security. In preparing the information contained in this release,
we have not taken into account the investment needs, objectives,
and financial circumstances of any particular investor. This
information has no regard to the specific investment objectives,
financial situation, and particular needs of any specific recipient
of this information and investments discussed may not be suitable
for all investors. Any views expressed in this release by us were
prepared based upon the information available to us at the time
such views were written. Changed or additional information could
cause such views to change. All information is subject to possible
corrections. Information may quickly become unreliable for various
reasons, including changes in market conditions or economic
circumstances.
Forward-Looking Statements
This release contains forward-looking statements. In addition,
from time to time, tZERO, its subsidiaries, or its representatives
may make forward-looking statements orally or in writing. These
forward-looking statements are based on expectations and
projections about future events, which is derived from currently
available information. Such forward-looking statements relate to
future events or future performance, including financial
performance and projections; growth in revenue and earnings; and
business prospects and opportunities. You can identify
forward-looking statements by those that are not historical in
nature, particularly those that use terminology such as “may,”
“should,” “expects,” “anticipates,” “contemplates,” “estimates,”
“believes,” “plans,” “projected,” “predicts,” “potential,” or
“hopes” or the negative of these or similar terms. In evaluating
these forward-looking statements, you should consider various
factors, including, without limitation: the ability of tZERO and
its subsidiaries to change the direction; tZERO’s ability to keep
pace with new technology and changing market needs; and
competition. These and other factors may cause actual results to
differ materially from any forward-looking statement.
Forward-looking statements are only predictions. The
forward-looking events discussed in this release and other
statements made from time to time by tZERO, its subsidiaries or
their respective representatives, may not occur, and actual events
and results may differ materially and are subject to risks,
uncertainties and assumptions. tZERO, its subsidiaries, and its
representatives are not obligated to publicly update or revise any
forward-looking statement, whether as a result of uncertainties and
assumptions, the forward-looking events discussed in this release
and other statements made from time to time by tZERO, its
subsidiaries or its representatives might not occur.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210420005391/en/
tZERO Media Contact Alexandra Sotiropoulos,
+1-347-293-1416 asotiropoulos@tzero.com Investor Contact Michael
Mougias, +1-347-293-1248 mmougias@tzero.com Eqvista Founder
and CEO Tomas Milar tom@eqvista.com
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