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Did my post layoff stock options finally pay off?

B
Oct 6, 2025 · 03:56

I worked at a privately owned company, and I was layed off in 2019. At that time, I was given the option, as my stock options had "vested" due to leaving the company, to purchase 70,000 shares at one penny each.

Now, I know it sound dumb, giving like $800 bucks of my severance back to them , in exchange for a piece of paper, but I thought, hey, its better odds than a lottery ticket.

In August, this company was aquirred by a publicly traded company, who's stock is worth $3.00 per share.

What am I supposed to do with this stock certificate for 70,000 shares? No one has emailed or called about this, im not even sure why I think they would have my number anyway. What am I supposed to do here?