Ok, but what are the implications of that? If I own 0.001% of a private company—having decided to opt out during this process—am I at the mercy of that company in the future to determine how much they're willing to buy me out for?
How hard would it be to locate another 3rd party to buy my share? There's no longer an exchange to trade it on, and there might be all sorts of additional rules about how and who I can sell to.
Those are the questions each investor is asking themselves, and I assume that even with the large discount they're being offered, it's probably the better choice unless you hold a significant minority stake.
Depends on agreements. Sometimes other owners can veto sale of private shares. But you can sue them to force a sale on reasonable terms to the existing owners in that case. Whether that is worth the hassle for a fraction of a percentage is unlikely.
I’m pretty sure you can’t do much with those if you are not a major shareholder or you gather under a third company that acts on behalf of you and your (enough) peers
How hard would it be to locate another 3rd party to buy my share? There's no longer an exchange to trade it on, and there might be all sorts of additional rules about how and who I can sell to.
Those are the questions each investor is asking themselves, and I assume that even with the large discount they're being offered, it's probably the better choice unless you hold a significant minority stake.