Nasdaq Private Market a transforming platform for private shares' transactions
KUALA LUMPUR (Aug 1): As private companies increasingly delay going public, the demand for efficient, secure platforms to manage shareholder liquidity has surged.
Addressing this critical need is the Nasdaq Private Market (NPM), a pioneering secondary marketplace transforming how private company stakeholders buy and sell shares.
Originally spun out of Nasdaq in 2013, NPM now operates as an independent business backed by Nasdaq and a consortium of global banks.
The platform was created to unlock liquidity for founders, employees, and early investors in private-company shareholders without the need for a public listing.
In a recent Tek Talk session, the NPM was spotlighted for its innovative role in streamlining equity transactions for private companies.
For those who missed the session, the recorded broadcast and further details are available via kroom.my.
NPM offers a centralised, secure marketplace where shares of private companies can be traded in a regulated environment.
This is increasingly vital as high-growth companies choose to remain private longer, prompting early shareholders to seek returns before a potential initial public offering (IPO).
The platform supports various transaction types including issuer-led tender offers, auctions, block trades, and continuous trading leading up to direct listings.
These services simplify what was once a fragmented, opaque process often reliant on niche broker-dealers and informal channels.
By the end of 2021, NPM had facilitated liquidity events for over 550 private companies, benefitting more than 100,000 shareholders globally.
That year alone, it recorded over US$13 billion in transaction volume, pushing its cumulative total past US$40 billion by 2022.
Over 80 per cent of NPM's non-US clients hold valuations above US$500 million, with several reaching as high as US$25 billion, highlighting its appeal among late-stage, high-growth firms.
NPM president Eric Folkemer called the platform the 'epicentre for private company liquidity', citing the increasing appetite for secondary transactions.
To date, NPM has returned over US$23 billion to founders, employees, and early investors.
The platform's technology improves price discovery by capturing and centralising bids and offers, and shedding light on a market that has long operated in the shadows.
NPM works closely with private-company executives, institutional buyers and global financial institutions to ensure all transactions are structured and compliant with international securities regulations.
For more information, seek Nasdaq Private Market, or Maxwell Rand Asia, on the web.
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