When can I sell my securities?

There is a one-year holding period for securities, with few exceptions. After the holding period, you can try transferring eligible securities by placing a sell order on Netcapital's Secondary Transfer Feature (STF).

Note: Our STF is currently being upgraded and is unavailable. We cannot guarantee when this feature will become available again, if at all. 

Re-selling securities may be difficult, as it depends on the availability of interested buyers. Generally, you should not invest any funds in an offering unless you can afford to lose your entire investment. Investors must indicate an understanding of these terms when they invest through Netcapital. You can view our Terms of Service and Master Investor Agreement on our site. 

Additionally, non-accredited investors must follow a one-year holding guideline after receiving securities. There are very few exceptions to the one-year holding guideline, outlined below:

You may not transfer securities within this one-year period— unless you’re transferring the securities to the offering company; or an accredited investor as defined in Rule 501(a) of Regulation D; or as part of an offering registered with the U.S. Securities and Exchange 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.