Tender Offer FAQ

Q: What type of transactions can I execute through the Carta tender offer feature?

A: Company Buyback and Secondary

Q: How do I set up a tender offer in Carta?

A: First you can request a demo and pricing with our Relationship Management team. Once a contract is signed, you will be assigned a Project Manager who will work with you to setup and launch the offer. If you do not know who your Relationship Manager is, please reach out to support@carta.com

Q: How much lead time do we need to set up the tender offer in Carta?

A: Final seller table in Carta required format, offer to purchase, letter of transmittal, and disclosure documents should be provided to Cart at least 5 business days prior to the first order date.

Q: What does the participant experience look like?

A: Please see this article located here.

Q: Can participants execute a cashless exercise?

A: Yes, our tender offer feature is designed for cashless exercise. Once the transaction is settled, we will automatically update the cap table with the exercise and cancellation of the stock certificate.

Q: How does it work if we don’t allow cashless exercise?

A: Participants will exercise outside of the tender offer via ACH on Carta or manually with company admin. Once the certificate is created, we will add it to the tender offer so the employee can place their order.

Was this article useful? Thanks for the feedback There was a problem submitting your feedback. Please try again later.