SnapExit

SnapExit

Build your financial muscles
Jan 15 '17
As you likely already know, SnapExit provides ordinary users with the opportunity to stake a claim in extraordinary young companies and promising entrepreneurs. Now, thanks to the launch of two new functions, it’s easier than ever for our users to transfer or gift these ownership rights to others.

If you want to give shares as a gift, you will begin by picking the company, selecting the amount of
As you likely already know, SnapExit provides ordinary users with the opportunity to stake a claim in extraordinary young companies and promising entrepreneurs. Now, thanks to the launch of two new functions, it’s easier than ever for our users to transfer or gift these ownership rights to others.

If you want to give shares as a gift, you will begin by picking the company, selecting the amount of shares you wish to reserve, and then paying the commitment fee – just as you would if you were booking shares for yourself. You will then select the “Make a gift” option on the Tranasfer page. The recipient doesn’t have to be an existing SnapExit user; you can send shares to anyone. Once the company successfully closes its IPO, we’ll notify you. At that point you can pay the remaining balance to secure the shares on behalf of the gift recipient, and we’ll return your commitment fee to you.

To transfer share bookings that you’ve already purchased, you simply need to find a willing recipient. Again, it doesn’t matter whether or not they are existing SnapExit users. We will then notify the person that you’ve opted to transfer shares. They simply accept the transfer and then transfer your commitment fee back to you. Once the company’s IPO closes, the transferee will pay the remaining balance.
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