For the shares to be free trading there has to be a market established. Otherwise the only option for trading is private. Looks like all sales made by the company were done to venture capitalist privately with no market. If anyone wants to trade their shares they have to do it privately. If there was an official IPO the shares could be traded freely on a market to the public. They can’t be. The only option for trading them is privately as the company has not ever gone public or according to investopedia had what is known as an IPO.
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