Shares of alternative assets operate in a substantially different way from shares of exchange-listed stocks or cryptos, and these differences make Alts substantially less liquid.
Any shares purchased in an initial offering may only be sold after the initial offering has sold out and been administratively closed. We expect this to typically happen several weeks after the launch of the initial offering; however, there are cases where this period of time could be longer.
Additionally, even after the initial offering is administratively closed and secondary trading is open, shareholders may not necessarily be able to easily sell their shares at fair market value, or even at all, if there is insufficient demand on the platform.
For these reasons, users are advised to exercise caution when purchasing shares of alternative assets and only to commit funds that they will not need to withdraw in the near term.
If you have any questions, please reach out to Support by tapping ⚙️in the app or emailing support@public.com.
Brokerage services for US-listed, registered securities available on Public are offered by Open to the Public Investing, Inc., member of FINRA & SIPC, and a wholly-owned subsidiary of Public Holdings, Inc. Brokerage services for alternative investments available on Public are offered by Dalmore Group, LLC, member of FINRA & SIPC. Alternative investments are over-the-counter equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933. Dalmore Group, LLC and Open to the Public Investing, Inc. are not affiliated entities.