Press Release – LOS ANGELES – JANUARY 24, 2017 – StartEngine announced today that it will be launching a Secondary Market for Regulation Crowdfunding and Regulation A+ shares on March 1, 2017. Investors who previously purchased shares in offerings made under Regulation Crowdfunding and Regulation A+ will be able to buy and sell those shares directly through the StartEngine platform, unlocking new access to liquidity.
Under Regulation A+, introduced by the JOBS Act, shareholders can trade their shares freely immediately after the offering has closed. Under Regulation Crowdfunding, shareholders are able to trade their shares without restrictions 12 months after the offering has closed.
Investors who purchased shares on other equity crowdfunding platforms, in both Regulation Crowdfunding and Regulation A+ offerings, will also be able to buy and sell those shares on StartEngine.
StartEngine’s Secondary Market marks an important day for the future of Regulation Crowdfunding and for democratiz…