Glossary Β· Regional
Employee tender offer
Definition
A company-organized liquidity event where employees and early investors can sell a set amount of stock to approved buyers at one negotiated price, typically timed around a funding round or a vesting milestone.
Why it matters for a secondary
It's the most common APAC secondary structure outside India's OFS-heavy market β Canva's $42B tender and ByteDance's recurring buyback both follow this pattern.
Frequently asked questions
Does "Employee tender offer" apply the same way everywhere in Asia-Pacific?
No. Each market in this glossary has its own regulator, corporate forms, and rules β this term is specific to Regional. Check the linked market page for the fuller picture.
Is this legal or financial advice?
No. This is orientation for investors and allocators, not legal or financial advice. Confirm current rules with a licensed adviser in the relevant market before acting on anything here.