The time initial offerings remain open will vary. Regardless of the precise time frame of an initial offering’s closing, existing investors’ shares will be unaffected from a % ownership standpoint.
In the event, that an initial offering isn’t closed within the allowed time frame (typically one to three months, sometimes longer), existing investors may be refunded their investment, at the discretion of the Public Alts team
If you have any questions, please reach out to Support by chatting with us in the app or emailing email@example.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.