Which Shareholders Get Liquid First in a Reg A+ Offering?

Rod Turner
Rod Turner

Rod is Founder, Chairman & CEO of Manhattan Street Capital, an online fundraising platform for raising capital cost-effectively, and Medical Funding Professionals’ platform partner.

There is no special sequence, no preference. The company itself, and any selling shareholders in an offering are made liquid on a pro-rated basis throughout the offering.  So for example, if an offering is ended at 92% of the maximum goal, then all the selling shareholders in the offering will have sold 92% of the shares that they intended to sell in that offering.

This article originally appeared on Manhattan Street Capital here. Used by permission.