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The Asset: 1978 Star Wars Kenner “12-A SKU on Figure Stand” AFA 85
This 1978 Darth Vader toy was among the very first Kenner Star Wars Action Figures to be released. The "12-A" refers to the original 12 toys released in the inaugural set. However, even within the 12-A classification, there are multiple variations. This "SKU on Figure Stand" variation refers to the SKU being written on the bottom of the action figure itself, indicating it was amongst the earliest batches of toys produced.
$19,600, which would net investors $1.75 / share, representing a 75% gain to the drop value of $11,200 or $1.00 / share on 9/21/21. Compared to the last traded price at $1.85 / share on 3/24/22, the offer represents a loss of 5.4%.
There are only 5 known versions of the asset graded at an AFA 85. Because of this rarity, there are no recent sales comps made available to the public.
The last time an AFA 85 in the "SKU Footer" variation publicly sold was in November 2019, for $2,360 at Hake's Auctions. A lower graded AFA 80 recently sold for $2,240 (May 2021) on eBay. We typically see a 4-5x multiplier between AFA 80 and AFA 85.
Submit Counteroffer: Open the asset in the app to submit your offer.
Trading has been placed on hold pending investor feedback related to the offer. We asked shareholders to provide feedback by Thursday, March 31st at 5pm ET.
The Otis team will approve or reject the offer based on a number of factors, including shareholder vote, recent sales, and trading price on Otis. If the buyout is approved, investors will be eligible to receive a payout into their Otis cash account once the transaction is finalized.
UPDATE (3/29/22, 5pm ET):
We have received a higher bid of $25,420. This offer would net investors $2.27/share, representing a 127% gain vs. the drop value and a 22.7% gain vs. the last traded price.
RESULT (4/1/22, 5pm ET):
The offer was accepted. The results of investor feedback were 52.5% approve and 47.5% reject, weighted by shares.
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