Understand it before you invest in it.

Anyone 18 or older, U.S. or international (subject to local law). You do not need to be wealthy or accredited. Non-accredited investors are subject to the investment limits shown above; accredited investors have no Reg CF limit.

Whatever security the issuer is offering — most commonly common or preferred stock, a SAFE (Simple Agreement for Future Equity), a convertible note, or a revenue-sharing note. The security type, price, and rights are spelled out in the issuer’s Form C. Different securities carry very different rights, so read the terms carefully.

Typically only through a “liquidity event”: the company is acquired, goes public through an IPO, or buys back shares. Some debt or revenue-share securities pay periodic returns. Most equity investments return nothing for years — and many never do.

Yes — for any reason, up until 48 hours before the offering deadline stated in the offering materials. After that, your commitment is final unless the issuer makes a material change, in which case you must actively reconfirm or your money is returned.

In escrow with a qualified third-party financial institution. IPO Wallet never holds, manages, or touches investor funds. If the offering fails to reach its target, the escrow agent returns your money in full.

The offering is cancelled and 100% of your committed funds are returned to you from escrow. Issuers only receive money if the minimum target is met by the deadline.

No. Reg CF securities are restricted from resale for one year, except to the issuer, an accredited investor, a family member, or in certain other limited cases. Even after one year, these are private securities with no public trading market — you may hold them indefinitely.

Form C is the offering document every Reg CF issuer must file publicly with the SEC before raising money. It contains the business description, offering terms, use of proceeds, risk factors, financial statements, and ownership details. It is your primary source of truth — always read it on the SEC’s EDGAR system before investing.

Before formally filing, a company may legally gauge public interest in a potential offering. Expressions of interest are non-binding — no money changes hands and no securities are sold. On IPO Wallet, issuers run a 30-day Test the Waters campaign, and only proceed to a live offering if genuine interest is demonstrated. If you express interest during this phase, you have made no commitment of any kind.

Issuers must file an annual report (Form C-AR) with financial statements. However, this obligation can lawfully end — for example, if the company has fewer than 300 holders of record or repays/repurchases the securities. You may eventually receive little or no ongoing information about your investment.

IPO Wallet does not charge investors a fee to invest. IPO Wallet is compensated by issuers through a flat platform fee and a commission on funds raised, which is disclosed in each offering. Payment processors or escrow agents may charge incidental transaction costs, disclosed at checkout.

No. As a funding portal, IPO Wallet is legally prohibited from offering investment advice or recommendations. Conducting background checks and hosting an offering is not an endorsement of its merits. The decision — and the responsibility — to invest is entirely yours.

Both are SEC-registered intermediaries that may host Reg CF offerings. A broker-dealer can also recommend investments, solicit purchases, and handle customer funds. A funding portal like IPO Wallet cannot do any of those things — it provides the platform, required disclosures, and communication channels, while a third-party escrow agent handles all money.

IPO Wallet appears on FINRA’s public list of registered funding portals (finra.org), and its filings are available on the SEC’s EDGAR system under CIK# 0001753710.