What happens to my ChatWise shares when the company goes public (IPOs)?

When ChatWise undergoes an Initial Public Offering (IPO), your ownership in the company, represented by the shares you hold, will be converted into publicly tradable shares. This means your shares can be bought and sold on the stock market, giving you the flexibility to sell your shares, hold them, or buy more.

How does an IPO affect the value of my ChatWise shares?

1. Potential Increase in Value:
   • The value of your shares may increase if ChatWise performs well in the stock market and attracts significant investor interest. The IPO could enhance the visibility and perceived value of ChatWise, potentially leading to higher share prices.
2. Market Fluctuations:
   • As with any publicly traded company, the value of ChatWise shares will be subject to market fluctuations. Factors such as company performance, market conditions, and investor sentiment will influence share prices.

Will my ownership percentage change after the IPO?

1. Dilution of Ownership:
   • The percentage of ownership you hold in ChatWise may be diluted during the IPO process. This happens because new shares are typically issued to the public, increasing the total number of outstanding shares. While you still own the same number of shares, your ownership percentage of the total company may decrease.
2. Retained Control:
   • Despite potential dilution, ChatWise aims to maintain significant ownership within the user community. The company has committed to ensuring that users retain meaningful ownership and governance rights.

Can I sell my ChatWise shares immediately after the IPO?

1. Lock-Up Period:
   • There may be a lock-up period after the IPO during which existing shareholders, including users, cannot sell their shares. This period typically lasts 90 to 180 days and is designed to stabilize the share price by preventing an immediate large-scale sell-off.
2. Post-Lock-Up Trading:
   • Once the lock-up period expires, you will be able to sell your shares on the open market. You can choose to sell all or part of your holdings based on your investment strategy and market conditions.

What should I consider before selling my shares post-IPO?

1. Market Conditions:
   • Assess the market conditions and the performance of ChatWise in the stock market. Selling during a favorable market period may yield better returns.
2. Financial Goals:
   • Consider your financial goals and whether selling your shares aligns with them. Holding onto the shares might offer long-term growth potential, while selling could provide immediate liquidity.
3. Tax Implications:
   • Be aware of the tax implications of selling your shares. Capital gains taxes may apply, so it is advisable to consult with a financial advisor or tax professional.

How does ChatWise plan to ensure user ownership post-IPO?

1. Commitment to Community Ownership:
   • ChatWise has committed to maintaining a significant portion of ownership within the user community. This ensures that users continue to have a meaningful role in the governance and success of the company.
2. Transparency and Communication:
   • ChatWise will continue to provide regular updates and transparent communication to its user shareholders, ensuring they are informed about the company’s performance and strategic decisions.

By going public, ChatWise aims to provide its users with the opportunity to benefit from the company’s growth and success while maintaining its commitment to user ownership and governance.