Can I resell my investment?

Last Updated: Mar 11, 2019 07:21AM CDT

Investments in crowdfunding assets should be viewed as a long-term and illiquid investment.

Securities purchased in a crowdfunding transaction generally cannot be resold for a period of one year, unless the securities are transferred:

  • to the issuer of the securities;
  • to an “accredited investor”;
  • as part of an offering registered with the Commission; or
  • to a member of the family of the purchaser or the equivalent, to a trust controlled by the purchaser, to a trust created for the benefit of a member of the family of the purchaser or the equivalent, or in connection with the death or divorce of the purchaser or other similar circumstance.

Liquidity is the ease in which you can sell your shares after you have purchased them. Buying shares in businesses pitching through MusicFy cannot be sold easily as they are unlikely to be listed on a secondary trading market, such as NASDAQ, AMEX or the New York Stock Exchange. Even successful companies rarely list shares on such an exchange. In addition, if you purchase B Investment Shares, these are non-voting shares and may not be attractive to potential buyers. Without a public market to find a buyer for shares, it may be more difficult to sell them.

Contact Us

  • Post a Public Question
  • Email Us
  • Call Us @ (847) 873-5335 Mon-Fri, 9AM to 5PM CDT
seconds ago
a minute ago
minutes ago
an hour ago
hours ago
a day ago
days ago
Invalid characters found