How can I sell stock in a private company?
May 24, 2002
Date: 15 April 2002
From: Anthony
I currently hold private stock in a company that most likely will not go public. I am looking to sell those shares. What are my options?
Thanks,
Anthony
Answer
Date: 08 May 2002
Hello Anthony,
You might need to consult with an attorney familiar with corporate law. As I understand it, you may make a private sale of the stock to another shareholder or to the company. Be sure to study your stock certificates for any transfer restrictions that may apply.
Good luck!
Mike Gray