TIKTOK OWNER BYTEDANCE TO ALLOW SHARES OF U.S. EMPLOYEES TO VEST WITHOUT AN INITIAL PUBLIC OFFERING-SOURCES
Sorry for the caps. Copy and pasted from bbg terminal headlines
It means this shit is never gonna IPO
Really? Is that what it means? Someone told me to wait because the buyback means BD is looking to regain control of more RSUs before IPO. I’m just a low-level recent graduate and don’t know many things about finance or monies. I want to know what to do with my 7,500 RSU credits.
Probably means no ipo anytime soon
Do you mean buybacks? Vests happen irrespective of IPO
OP means buyback.
please let it finally happen
IPO or buyback? And should we sell back our RSUs or hold on to them until next year?
If it really said “Vest” instead of buyback, this is a non-event. Your shares vest with or without IPO. Looks like someone got excited to see shares in their portfolio and posted this. Or TikTok was not doing the right thing and started doing it now.
Private Rsu is different from public Rsu. A lot of private companies have double trigger which means if you leave the company before liquidity IPO you forfeit all shares
Yeah. But vesting has nothing to do about what you describe. Vesting either happens or doesn’t. TikiTok not vesting stocks would have been a bigger news.
Really ?