Sharedrops
I thought free stock giveaways were illegal?
Historically, they were. A Sharedrop, however, is conducted using Reg. CF squarely within the four corners of the Securities Act of 1933. In short, a 2016 change to regulations and Republic's legal innovation has made it feasible by allowing companies to collect alternative forms of consideration, so when we say "free" we mean free of cash, but not value going from the investors to your company.