In a company release the Worldwide Stock Transfer (WST), a stock transfer agent, announced today the launch of a first of its kind platform that facilitates the investor accreditation process by connecting private companies and investors with their verifiers without requiring private documents.
Worldwide Stock Transfer provides private companies who are utilizing crowd funding as a method to raise capital, the ability to secure investor accreditation. An individual investor must document an annual income of more than $200,000 individually, $300,000 as a couple or have a net worth of more than $1,000,000 excluding the value of a primary household.
“Worldwide Stock has developed the stock transfer industry’s first one stop shopping platform,” said Jonathan Gellis, president of Worldwide Stock Transfer. “We have put together a platform that handles all the major back office components for private companies. A private company can utilize Worldwide for shareholder services, receive escrow and investor accreditation services all under one roof at a cost competitive rate.”
Worldwide’s automated verification software streamlines the accreditation process while also ensuring that customers comply with the safe harbor provision outlined by Title II of the JOB Act.
Founded in 2005 at the request of numerous micro-cap and small to mid-level size companies searching for a higher level of service and individual attention, WST believes in personalized, low cost professional service when it comes to the stock transfer industry.