The demanded valuation also looks reasonable. However, the bank is involved in several legal proceedings including those filed by some of the existing investors regarding the offer for sale. The verdict is pending. This may be a major deterrent for risk-averse investors. Given these factors, the issue looks more suitable for investors with a higher risk appetite.
SpaceX stock transfers raise compliance questions for Indian HNIs
Indian investors holding SpaceX shares are seeking legal advice on compliance. These investors received SpaceX shares directly from offshore funds. This distribution aimed to avoid