We use the last financing round of the Company as a benchmark for the share price from which we will begin discussions around price for any individual sale. Other factors that determine the price are publicly available information, investor demand, pricing history from past secondary transactions, etc.

Sellers are able to request a listing at a discount, par value to the last round, or premium. However, pricing will affect investor appetite, and so we will work with sellers to determine a fair value at which to present any offerings. Key factors we will consider together are investor demand, previous or current secondary offerings.

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