The booming market for dinosaur fossils is raising concerns among paleontologists, who fear their institutions are being priced out, jeopardizing access to vital research specimens.
Rally announced it will offer shares in a Wyoming stegosaurus fossil, with an IPO date set for Dec. 20, aiming to sell 200,000 shares at $68.75 each.
According to Rally, the sale could raise up to $13.75 million, and investors will hope for a payout once the fossil is either auctioned or sold.
Rob Petrozzo, Rally's co-founder, stated, 'We took a risk... We feel there is enough upside for investors to see a return.'
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