FAQ: Investing on Hip

What am I investing in? Are these real securities?

When HipComic Investments acquires an asset, we create a series of real securities that are regulated by the U.S Securities & Exchange Commission (the "SEC"), which in turn owns the asset. It's those real securities that you are acquiring when you invest with us. HipComic Investments sources, stores, maintains and insures the assets on behalf of its shareholders.

In addition to holding my shares, can I sell them?

That's the plan! We are developing a secondary market (2020) where you can sell your shares during select trading days, which will generally be offered a few months after the initial offering of each asset. Assets may also be liquidated based upon demand and strong market conditions, in which case proceeds from the sales would be distributed to shareholders accordingly.

Okay, I reserved shares. What happens next?

When the offering closes, and only once it is registered with the SEC, we'll reach out to you to collect the money for your shares. We then work with a registered broker dealer to transfer your shares to you and update the official shareholder listing. We then enforce a lockup period (generally 90 days) where no buy or sell transactions can occur.

Was this article helpful?
0 out of 0 found this helpful