NEW YORK and ALEXANDRIA, Va., Dec. 5, 2014 (GLOBE NEWSWIRE) -- The Motley Fool, a multimedia financial-services company that provides financial solutions for investors through various stock, investing, and personal finance products, today announced its membership with Nasdaq Private Market to continue its ongoing equity programs for the company's employees and shareholders.
In conjunction with its membership, The Motley Fool recently completed its semi-annual open internal market utilizing Nasdaq Private Market's industry-leading technology platform, which enabled its employees to buy and sell shares from the company. In addition, through its Nasdaq Private Market issuer membership, The Motley Fool also has access to the marketplace's integrated stock plan administration and capitalization table management solutions.
"Our employees have been the heartbeat of the award-winning culture we have built over the last two decades, and it's critical for us to reward them with ownership in the company," said Lawrence Greenberg, Chief Legal Officer of The Motley Fool. "While we choose to remain private, we are grateful that Nasdaq Private Market's platform allows us to give our people a Foolish way to build up their ownership or to unlock some of the value we have created together."
"We are honored to have The Motley Fool, a private company for more than 21 years, as part of our community of innovative issuers," said Jeff Thomas, Vice President of Nasdaq Private Market. "We look forward to supporting the company in its growth and retention efforts by facilitating their ongoing liquidity and equity management needs."
The Motley Fool has over 300 employees who are dedicated to helping the world invest better. For more information on career opportunities at The Motley Fool, visit: http://culture.fool.com/.
About The Motley Fool
Founded in 1993 in Alexandria, Va., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company with a simple mission to help the world invest - Better. Reaching millions of people each month through its websites, books, newspaper column, television appearances, and premium membership services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off. For more information, visit www.fool.com.
About Nasdaq Private Market
The Nasdaq Private Market, LLC is the new capital market for leading private companies. Through its broker-dealer network and partners, Nasdaq Private Market connects companies with a global community of investors, and provides an integrated equity solution for managing everything from cap table management to stock plan administration. Whether a company seeks to optimize an eventual IPO or remain private permanently, Nasdaq Private Market provides complete capital market support to meet its needs. For certain eligible investors and shareholders, Nasdaq Private Market is a place to discover and engage with some of the most exciting private companies.
Nasdaq Private Market was formed in March of 2013 as a joint venture between The Nasdaq OMX Group, Inc. and SharesPost, Inc. Securities-related services are offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, which is a member FINRA/SIPC and a wholly-owned subsidiary of The Nasdaq Private Market, LLC. Securities offered through NPM Securities, LLC are not listed or traded on The Nasdaq Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The Nasdaq Stock Market, LLC. To learn more about Nasdaq Private Market, visit www.npm.com.
Source:NASDAQ Private Market, LLC