NASDAQ Private Market Acquires SecondMarket
Transaction Bolsters NASDAQ Private Market’s Products for Secondary Liquidity and Equity Management Solutions to
Private Companies
NEW YORK and SAN FRANCISCO, Oct. 22, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announces that its
subsidiary, The NASDAQ Private Market, LLC, has acquired SecondMarket® Solutions, Inc., a recognized innovator in
facilitating liquidity for private company securities. SecondMarket will be integrated into NASDAQ Private Market, serving customers worldwide with bicoastal headquarters in New York and San Francisco. Bill Siegel, CEO of SecondMarket, will lead the business. The combination establishes a leading provider for innovative and efficient solutions to deliver secondary liquidity and equity management services.