How the Private Equity Exchange works:
The Private Equity Exchange is an electronic secondary market for SEC Accredited Investors to arrange private sales of restricted shares or partnership interests. PEQX provides a venue to manage and rebalance your venture capital, angel, and partnership investment portfolios.
You will need to register as an Accredited investor to view the auctions. You do not need to provide billing informaton on the registration form unless you want to sell an item.
To view current auctions, click Browse on the top menu bar. Then click on a Category sector of interest.
If you wish to sell an item, click on the sector Category most similar to your equity listing. Then click on [+] Post Here and fill in the details of your listing. You may also attach file documents (financials, business plan summary, etc.) to your listing. Decide the length of the auction and a minimum price. Finally, click the Add Item button to post your listing. Once listed, you can anonymously respond to inquries through the auction Messaging function. Listing is free. The seller pays a 3% fee (2.5% for sales over $100,000) when the auction is completed. Please read the Terms and Conditions below for details.
Terms and Conditions:
The Private Equity Exchange (“PEQX”) is a private (non-public) venue for SEC Accredited Investors to arrange private sales of restricted securities and other items to other Accredited Investors. You must identify yourself as a sophisticated investors under one of the Accredited Investor categories in SEC Rule 501 of Regulation D when you register.
The PEQX does not underwrite or distribute shares for any issuer of securities. Furthermore, the PEQX does not broker, advise, recommend, solicit, or offer to buy or sell any securities or other financial instruments. The PEQX solely provides an electronic, automated, venue for Accredited Investors to arrange private sale transactions to other Accredited Investors
If you are a SEC Rule 144 defined Control Person (company officer) of the company that issued the securities please contact us at email@example.com before listing.
Sellers- Posting an item on PEQX indicates your intent to sell that item to the highest Accredited bidder and is irrevocable. You agree to post no information which is false, inaccurate, or misleading. Once the electronic auction is completed, you will be notified by email of the highest bidder’s contact information. A fee of 2.5% of the transaction amount ( 2% for transactions greater than $100,000) will be charged . This fee will be held in our escrow account until the transaction is completed. You agree to pay the fee incurred from your use of this website. Fees incurred are non-refundable.
Once you have fully agreed to the sale transaction details with the bidder, PEQX can assist in wire transfer, escrow, and document transfer arrangements. Escrow is handled by PNC Bank with separate escrow subaccounts for buyer and seller. Email us at firstname.lastname@example.org. Or call 732-735-5655 for details.
Buyers- Bidding on an item indicates your intent to purchase that item and is a legally binding contract between you and the seller. You can not cancel a submitted bid. Bidders who violate these terms may be prosecuted by the seller and will be barred from further participation.
As an Accredited, sophisticated investor, it is your responsibility to determine that you have received all current material information about the company and its shares before you make your bid. You can use this website’s Messaging function to ask the seller questions about the equity. These are anonymous messages. Avail yourself of all company information including visiting their website before making your bid.
PEQX assumes no control or liability over any issue, including the accuracy or completeness of information provided, that may arise from a listing or transaction on the website. PEQX disclaims all and any explicit or implied warranties for use of this website. PEQX shall not be liable for any direct or indirect consequences suffered as a result of buying or selling an item on this website. In no event shall PEQX be liable for any special, incidental, or other damages however arising, whether in an act of negligence or other tortuous action from use of this website. You agree to hold PEQX harmless for any damages and agree not to take any legal or other action against PEQX asserting any claims based on or related to the use of this website.
All material provided on this Website, including but not limited to information, documents, logos, graphics, images, auctions, and services are the wholly owned and copyrighted work of PEQX and/or its third party providers. None of the materials posted herein may be copied, reproduced, distributed, republished, downloaded, displayed, posted or transmitted in any form or by any means, including but not limited to electronic, mechanical, photocopying, recording, or other means, without the prior express written permission of PEQX. You may not “mirror” any materials contained on this Website on any other server or site without PEQX’s prior written consent. PEQX is protected by a pending patent.
PEQX at its sole discretion may ban from further use any buyer or seller who PEQX believes has violated these Terms or for any other abuse of the website.
This comprises the entire Agreement and understanding between the registered user and PEQX and supersedes all other agreements. You agree by clicking the Accept or Decline button below that you were provided and opportunity to decline this Agreement. By registering and participating on PEQX you consent to be bound by this Agreement.
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Use of this Web site constitutes acceptance of the User Agreement.