Tagged: secondary market

June 12, 2017 @ 7:01 pm By JD Alois  |  

Seedrs, a leading UK based equity crowdfunding platform, closed its first week of trading on its newly launched secondary market. Seedrs kicked off the trading platform last week to usher a new level of liquidity for shareholders in crowdfunded companies. On the first Tuesday of… Read More

June 6, 2017 @ 8:38 am By JD Alois  |  

Seedrs has launched its secondary market for securities in crowdfunded companies. According to Thomas Davies, Seedrs Chief Investment Officer, the market launched with 111 share lots in over 80 different businesses. The market will remain open for seven days and will reconvene the first Tuesday… Read More

May 8, 2017 @ 7:32 am By Samantha Hurst  |  

CEO and co-founder of Seedrs, Jeff Lynn, announced on Monday the UK-based equity crowdfunding platform is set to launch its second market this upcoming summer. According to Lynn, the new market will enable investors who have shares held under the Seedrs nominee to buy and… Read More

August 18, 2016 @ 8:19 am By Samantha Hurst  |  

Squirrel Group, a mortgage broker and peer to peer lender, announced on Thursday the launch of its Secondary Market, which now allows loans to be on-sold to other investors. The lender revealed since its launch in November, the Secondary Market has been notably the most requested… Read More

June 2, 2015 @ 9:26 am By JD Alois  |  

Snowball Effect recently surveyed their registered users and they received a lot of feedback on providing liquidity for investors. The equity crowdfunding platform initially researched the issue prior to their launch in 2014 but in the last 6 weeks the New Zealand based company has… Read More

May 4, 2015 @ 12:45 pm By JD Alois  |  

The growing number of securities in early stage companies is indicative of new funding channels for young innovative firms. Matching investor to issuer has been a challenging task in the path as the process has largely been cut off from mass distribution and discovery as the market… Read More

November 28, 2014 @ 7:32 am By Kim Wales  |  

The 2014 Securities and Exchange Commission Government-Business Forum on Small Business Capital Formation ensued on November 20, 2014 at the SEC headquarters in Washington, D.C. In usual form, since the signing of the Jumpstart Our Business Startups Act (JOBS Act), the crowd (attorney’s, issuers, intermediaries, regulators, investors,… Read More

October 18, 2014 @ 4:33 pm By JD Alois  |  

First State to Create Secondary Market for Privately Crowdfunded Securities. Tired of waiting on federal regulators to implement investment (aka equity) crowdfunding for all investors, several Midwestern states, including Michigan, have legalized intrastate investment crowdfunding. Now, with the pending passage of HB 5273, Michigan’s effort… Read More

October 17, 2014 @ 4:45 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has earlier announced that it will hold its annual Government-Business Forum on Small Business Capital Formation at its Washington, D.C. headquarters on November 20, 2014.  As part of the annual gathering the morning session will tackle the definition of… Read More

March 1, 2014 @ 11:20 am By Charles Luzar  |  

Today The Detroit News has published a short editorial in support of Michigan HB 5273 (embedded, bottom of article), a bill that seeks to cement Michigan’s recently-passed intrastate crowdfunding exemption by creating secondary markets where crowdfunded shares can be traded. The bill’s primary sponsor is a… Read More

January 30, 2014 @ 1:25 pm By JD Alois  |  

Privanet and equity based crowdfunding platform Invesdor have partnered to offer a secondary market for crowdfunded offerings.  Both are based in Helsinki, Finland. Privanet is a specialist in the trading of unlisted shares. The company, which was founded in 2000, is supervised by the Finnish Financial… Read More

December 12, 2013 @ 9:54 am By Charles Luzar  |  

Annemarie Tierney is General Counsel for SecondMarket, an online marketplace for buying and selling illiquid assets in the United States. SecondMarket burst onto the scene during the run-up to the Facebook IPO by facilitating transactions in Facebook shares sold by Facebook employees to members of… Read More