Frequently Asked Questions
What is Regulation A+/Equity Crowdfunding?
Before crowdfunding, startups were limited to raising capital through friends & family, accredited investors ($200k+ annual income or $1mm+ net worth), and traditional venture capital rounds. Passed in 2012, the Federal JOBS Act enabled the US for true equity crowdfunding by allowing non-accredited investors to invest in private companies. The SEC has the following major types of crowdfunding, all of which allow for general and online solicitation:
Regulation CF: Companies can raise up to $5MM from unaccredited investors within a 12-month period.*
Regulation D – 506(c): Companies can raise unlimited money from accredited investors*
Regulation A:
Tier 1: Companies can raise up to $20MM from the general public, including institutional investors within a 12-month period.*
Tier 2: Companies can raise up to $75MM from the general public, including institutional investors* within a 12-month period. Non-accredited investors are subject to investment limits dictated by either their net worth or annual income, whichever is greater.
We believe equity crowdfunding represents the democratization of venture investing and we want the general public to have access to invest in Emporium Realty.
*You can read more about the JOBS Act on the SEC’s website here.
Where can I find more information on Emporium Realty?
The offering circular for the Regulation A+ offering can be viewed here [insert link to offering circular].
What is the offering Price?
The offering price is $10 per Series Interests and the minimum investment amount for this round is $1,000. The Company will also charge investors a fee of 3.5% of their investment (“Investor Processing Fee”).
How and when can I access the subscription document and invest?
Click “Invest Now” anywhere on this site, or follow this link. You will be directed to view the subscription agreement and complete an investment.
Do I need to be an accredited investor?
This offering is open to both accredited and non-accredited investors. If you are a non-accredited investor, please note that you cannot invest more than 10% of the greater of your annual income or net worth.
What is an accredited investor?
According to the SEC, an individual accredited investor can be defined as the following:
An accredited investor, in the context of a natural person, includes anyone who:
- earned income that exceeded $200,000 (or $300,000 together with a spouse or spousal equivalent) in each of the prior two years, and reasonably expects the same for the current year, OR
- has a net worth over $1 million, either alone or together with a spouse or spousal equivalent (excluding the value of the person’s primary residence), OR
- holds in good standing a Series 7, 65 or 82 license.
Additionally, an accredited investor as an entity can be defined as the following:
- A trust is considered to be an accredited investor if its assets exceed $5 million, it is not created to purchase the securities and it is directed by a sophisticated person; or
- An entity is an accredited investor if its investment exceeds $5 million and it is not created to purchase securities.
- An entity in which all equity owners are accredited investors.
Why did my payment get rejected? What can I do to resolve this?
If your credit card payment was declined, please call your credit card provider to pre-authorize the transaction. Additionally, if your bank-to-bank transfer via ACH has failed, it is recommended that you contact your bank for more information.
What happens if I get locked out of my account?
If you have forgotten your password, please use the “Forgot your password?” functionality found below the DealMaker sign-in page. If you are locked out of your account, please contact [email protected] for assistance.
How can I change the email address associated with my account?
To change your email address, please navigate to the top-right corner of your Dashboard. Within your profile settings, you can change the email address associated with your account. If you would like to merge investments to a pre-existing account, under a different email address, please contact [email protected] for assistance. Please specify the applicable email addresses to be changed. For investor security, you will be asked to verify that you have access to the applicable accounts.
How can I invest as a trust or corporation?
You can specify whether you are investing as an individual, or as a corporation/trust/custodial. Upon selecting any of the non-individual options, you will be prompted to enter relevant information and populate your subscription agreement accordingly.
What happens after I complete the online investment process?
1) Funding Processed:
Your investment funding status will update upon receipt of your funds. If paying by bank-to-bank transfer, your payment will initially appear as pending, and will either clear or fail within five business days. If paying by wire domestically, your wire should be reconciled within one business day. International wires vary. Once funds are received, it can take approximately 1-2 weeks to process your investment completely.
2) Identity Processed:
In some instances, we may reach out to you requesting additional information in order to verify your identity & finish processing your investment, which may increase the overall processing time.
3) Subscription Confirmation:
Once your investment has been fully processed and confirmed, you will receive a notification when your subscription agreement has been accepted. Subsequently, you will receive a digital confirmation of the security holdings.
If 2 weeks pass by and you do not receive any information from us, please email us at [email protected]
We may still require additional information. We recommend you check your spam folder first for any email communications!
Will I receive a paper share certificate?
Please note that if your securities are being distributed through the DealMaker platform, you will receive a digital certificate or DRS statement from the issuer’s transfer agent, uploaded to your investment portal. No paper share certificates are distributed via DealMaker.
I would like to speak to someone about my investment, who can I contact?
For more information regarding your investment in this offering, please contact our investor support team at: [email protected]
I haven’t found the answer to my question. Where can I look next?
You can search the DealMaker knowledge base for more information here, or contact investor support at [email protected].
Can I transfer my shares?
Investors need to check with a brokerage account representative to determine whether their provider will allow for the securities to be (i) directly deposited to a brokerage account or (ii) transferred into such account at a later day. The policies may vary between different providers.
Linked here is a help article, which may assist you in finding your way.