Will Manifold be able to repurchase our shares from Alameda? | Manifold

Will Manifold be able to repurchase our shares from Alameda?

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When we raised our seed round, FTX/Alameda was our largest investor, through the FTX Future Fund regranting program (see: https://manifoldmarkets.notion.site/Manifold-Finances-0f9a14a16afe4375b67e21471ce456b0). Now that they're undergoing bankruptcy proceedings, will it be possible for us to repurchase our own stock?

Specifically, they bought two SAFEs: 250k @10M postmoney, and 750k @ 15M post money; totaling 7.5% of the company if we are valued at 15m or more.

This market resolves YES if Manifold buy back the shares; NO if someone else purchases them or the shares have not been moved in about 5 years.

This question is managed and resolved by Manifold.

#FTX Insolvency Crisis

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predicts NO

How does the ownership claim of FTX compare to the odds of repayment of a Russian imperial bond? Arguably, Nicholas II more popular than SBF

?https://numistoria.com/en/5018-russian-bonds

predicts NO

There's this

predicts NO

Is there a reason now, today, to believe these "shares" exist? In any meaningful way? For comparison, I have a Buy One Footlong Get One Free offer in my Subway app through the end of January that I think is more liquid and tradable.

@Austin Robinhood did it! https://www.forbes.com/sites/brianbushard/2023/09/01/robinhood-shares-jump-after-company-buys-back-bankman-frieds-seized-shares/

Robinhood Shares Jump After Company Buys Back Bankman-Fried’s Seized Shares

Robinhood’s shares, which had been slumping in recent weeks, shot up after it announced it bought more than $605 million in shares that had previously been controlled by Sam Bankman-Fried.

As in possible or if you'll win the auction?

Was Alameda the regrantor?

We should try getting a discount on them -- I'll offer to buy them both for $10k

@barak oh if we can buy them personally - $10,001 from me

(why work a year for ~6% founder stock when I can just buy it outright)

@Austin $20k (still 98% off lmao)

@barak Surely we should hold our own internal auction first?

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Related questions

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Will Manifold implement N/A shares by EOY 2025?

Will Manifold be acquired by end of 2025?

Will Manifold be acquired by end of 2030?

By March 15, 2025, will Manifold users still have the authority to resolve markets they have traded on?

Will Manifold be acquired by end of 2040?

Will Manifold give prominent community members equity in Manifold by the end of 2024?

Will Manifold pay interest (on Mana, Shares, and Prize Points)?

Who will own Manifold at the end of 2024?

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