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Otis

@withotis

Invest in Culture. Buy and sell shares of art, sneakers, trading cards, NFTs and collectibles.

withotis.com
Joined November 2018
  • Tweets974
  • Following31
  • Followers5.3K
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Photo by Otis (@withotis)Photo by Otis (@withotis)Photo by Otis (@withotis)Photo by Otis (@withotis)Photo by Otis (@withotis)Photo by Otis (@withotis)Photo by Otis (@withotis)Photo by Otis (@withotis)Photo by Otis (@withotis)Photo by Otis (@withotis)
Otis assets are now trading on Public! You can now invest in shares of alts—from fine art to collectibles—and manage your investments right alongside your stocks, crypto, and ETFs.
Public (@public) profile picturePublic
@public28 Sep 2022
Alternative assets are live on Public! You can now invest in shares of alts—from fine art to collectibles—and manage your investments right alongside your stocks, crypto, and ETFs. Learn more: medium.com/the-public-blog/i…
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Interested in helping the @public Alts team (formerly the Otis team) bring alts to the masses? We're hiring! boards.greenhouse.io/public/…
Public

Public

job-boards.greenhouse.io
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🚨 BUYOUT OFFER REJECTED 91.3% of share votes voted to decline the buyout on Chromie Squiggle #524. The offer was for $11,655 & based on shareholder feedback has now been rejected. The asset will re-open for trading tomorrow (6/8/22) at 10:30AM ET.
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📢 Buyout Offer Received 📢 We received an offer of $11,655 for Chromie Squiggle #524. This offer would net investors $.46/ share. This would represent a 54% loss vs. the IPO price and a 34.3% loss vs. last traded price. For more information: withotis.com/mag/buyout-offe…
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While this offer will likely represent a negative return for many investors, given the ongoing volatility in the NFT market, we wanted to let shareholders decide. Trading has been halted pending investor feedback. Shareholders will have until Monday, June 6th at 2pm ET.
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🚨 BUYOUT ACCEPTED 96.9% of share votes voted to accept the buyout on Avengers #1 The offer was for $200,000 & based on shareholder feedback has been accepted. This offer nets investors $100/ share, a 100% gain from the drop value & a 33% gain from the last traded price.
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📢 Buyout Offer Received 📢 We received an offer of $200,000 for the Avengers #1 comic book This offer would net investors $100/ share. This is a 100% gain from the drop value & a 33% gain from the last traded price.
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Trading has been halted pending investor feedback & shareholders will have until Friday, May 6th at 5pm ET.
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🚨 BUYOUT ACCEPTED! 90.4% of share votes voted to accept the buyout on Daredevil #1. The offer was for $140,000 & based on shareholder feedback has now been accepted.
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This offer will net investors $27.40 / share. That is a 174% gain from the drop value of $10.00 / share and a 40.8% gain from the last traded price of $19.45 / share.
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📢 Buyout Offer Received 📢 We received an offer of $140,000 for the Daredevil #1 This offer would net investors $27.40/ share. This is a 174% gain from the drop value of $51,100 & a 40.8% gain from the last traded price.
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Trading has been halted pending investor feedback & shareholders will have until Friday, April 29th at 5pm ET.
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📢 Buyout Offer Received 📢 We have received a buyout offer for the Daredevil #1 comic book. As a result, trading has been paused on this asset. More details coming soon!
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🚨 BUYOUT RESULTS: OPTIMUS PRIME, PEPSI EDITION 74% of share votes elected to accept the initial offer of $12,720. That said, there were multiple additional bids, the highest of which was $16,234. Based on shareholder feedback, this higher offer has been accepted.
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This higher offer will net shareholders $15.36/ share, and represents a 53.6% gain from the drop value of $10.6k.
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🚨 BUYOUT RESULTS: DARTH VADER Since we first announced the offer, there was a higher buyout offer of $25,420 submitted. Based on this higher offer, 52.5% of share votes elected to approve the offer, and the offer has been accepted.
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This higher offer will net shareholders $2.27/ share, and represents a 127% gain from the drop value of $11.2k. Results for the Optimus Prime buyout coming soon!
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The numbers are in on the 2 buyout offers for the Original Darth Vader & Optimus Prime Pepsi Edition. Reminder, that trading has been halted on these assets pending investor feedback & shareholders will have until Thursday, March 31st at 5pm ET to submit a vote.
Image from Otis (@withotis)
Image from Otis (@withotis)
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For the Original Darth Vader, we received an offer of $19,600. This would net investors $1.75/ share, a 75% gain from the drop value of $11,200 & a 5.4% decrease from the last traded price ($1.85/ share) See this blog post for more info: withotis.com/mag/buyout-offe…
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For the Optimus Prime, we received an offer of $12,720. This would net investors $12.04/ share, a 20.4% gain from the drop value of $10,600 & a 9.7% gain from the last traded price ($10.98/ share) See this blog post for more info: withotis.com/mag/buyout-offe…
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