Because the blockchain company issuing the securities is private, you cannot sell your securities on the public market. This makes it potentially difficult to find a buyer.
In fact, you are restricted from reselling your securities or the tokens received in connection with those securities in the first 12 months post closing of the offering, unless the shares are transferred:
Any transfer during this period is still subject to state and foreign laws.
These restrictions apply to the Token DPA and any token received in connection with that contract.
You should know that there may be no market for the securities after the initial 12 month restricted period. Once the 12 month restricted period ends, any sale or disposition of the securities you hold must comply with applicable federal, state and foreign laws.
It is important that you only invest capital with the expectation of holding your investment for an indefinite period of time, and with the real risk of a total loss of your investment in mind. Only invest an amount you can afford to lose without changing your lifestyle.
Republic does not verify information provided by companies on this Portal and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Portal can be found by searching the EDGAR database.