1. Sign Up to Dizraptor
App Download and install the application
2. Pass the KYC/AML and accredited investor status checks
By default it`s necessary to be an accredited investor to invest in private equity (SEC Regulation D).
3. Offering (investment idea)
Review Dizraptor`s offerings and choose a company for investment.
3. Sign the documents
All the documents should be accepted with investor`s e-sign.
4. Transfer the subscription amount
Transfer the funds in accordance with an invoice which became available in the deal profile.
5. Wait for the ROFR (direct deal) or transaction approval (proxy deal)
ROFR — Right of First Refusal procedure applies. The SPV must pass ROFR before the company approves the transaction. However, in rare cases, the company can buy back the stocks the SPV has targeted as the former can exercise its right. In this case, the money returns to investors or the SPV offers them alternative conditions for their purchase.
Once the transaction is closed, SPV Manager notifies the SEC about the deal.