Days later, Carta announced that it was abandoning this business. Now it found a willing buyer in Public, Axios previously reported.
In an emailed statement to TC, Public said the customers of Carta Capital Markets who it acquired have a right to opt out. Meanwhile, Carta says it isn’t out of the secondaries business altogether. It will continue to serve with “company-led secondary offerings, such as tender offers,” through its SEC-registered transfer agent, it says.