the staff of the ridgewood blog
New York NY, in a groundbreaking move, Rally—a company known for offering fractional ownership in unique assets—has announced an initial public offering (IPO) for a nearly complete stegosaurus fossil, affectionately nicknamed “Steg.”
The Offering
Valued at an estimated $14 million, the fossil is currently being unearthed in Wyoming. Rally is offering 200,000 shares, each priced at $68.75, giving investors an opportunity to own a piece of prehistoric history. Trading will kick off on December 20 via Rally’s app and website, making it accessible to both seasoned and first-time investors.
How It Works
Shareholders won’t just hold their stakes indefinitely. Within the next year, the fossil is expected to be sold privately or auctioned to the highest bidder. Once the sale is finalized, investors will receive a payout based on the final price.
Why It Matters
This IPO marks a unique convergence of paleontology, technology, and modern finance. Rally has previously offered shares in everything from classic cars to rare collectibles, but the stegosaurus IPO highlights the growing appeal of fractional ownership in the world of rare and valuable artifacts.
Whether you’re a fossil enthusiast, a curious investor, or both, “Steg” offers a rare chance to be part of a prehistoric chapter in investment history. Will you join the dig?
Stay tuned for updates as “Steg” heads for the trading floor!
The King of Con by Thomas Giacomaro and Natasha Stoynoff https://theridgewoodblog.net/king-of-con-by-thomas-giacomaro-and-natasha-stoynoff/
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I’m all In