You’re allowed to sell your stake in a crowdfunding investment starting one year after your investment is provided to you, and earlier under some circumstances.

However, there’s no guarantee that someone will be willing to buy it at that point.

What is the Crowd Simple Debt Agreement (“Crowd SDA”)?

Ken Nguyen, Republic’s CEO, is the former General Counsel of AngelList and co-founded Republic with Paul Menchov, a former technology officer of AngelList and co-founder/CTO of CoinList.

How does investing on Republic work?

You must disclose your last 2 fiscal years in GAAP (Generally Accepted Accounting Principles). If you want to raise more than $107,000, these financial documents must be "Reviewed," Not Audited, by an independent CPA

Financials: $1,000–$4,000
If your financials are not complex, you have been diligent with bookkeeping and you are organized expect this cost to be in the middle to lower range. If you already have GAAP converted financials your costs will be lower. If you have a licensed CPA on the team your costs can be $0. If you use professionals expect the bill to be sent once services are complete.

Yes. The SEC limits companies to raising $1,070,000 via Title III equity crowdfunding per rolling 12 month period.

The Token DPA’s terms can be modified to meet projects’ specific needs, allowing the loan to be paid back in cash or Tokens. For example, you can give your project breathing room by pushing back the date interest accrues. To reward early supporters, you can also ensure investors get preferential pricing on tokens if a token distribution event ever occurs. To make the Token DPA a more flexible instrument than the SAFT, the Token DPA can grant investors (instead of the company) the choice to have all or part of their monies refunded before the loan is paid back. There is no guarantee a company will have the funds to return a investor’s principal, purchasing a Token DPA can result in a total loss.

GAAP refers to "generally accepted accounting principles", an industry standard for reporting financial information. To fundraise using Regulation Crowdfunding, you must submit your financial statements in GAAP format.

Can companies based outside the US raise money on Republic?

For example, you had a $1,000 investment finalized and you later invested an additional $600. You can now:

increase your total investment to $1,800 ($1,000 finalized + $600 new + $200 increase),
decrease your total investment to $1,200 ($1,200 locked + $200 new),
cancel your $600 investment (prior to the cancellation deadline) and be left with the original $1,000 investment
but you could not reduce your total investment below $1,000.

All communications containing or requesting new material information about the company or its business must be public and visible to all prospective investors.

What voting rights do I get when I invest?

How does the waitlist work?

You’re allowed to sell your stake in a crowdfunding investment starting one year after your investment is provided to you, and earlier under some circumstances.  https://republic.co/learn/investors/selling

However, there’s no guarantee that someone will be willing to buy it at that point.

Who needs to have a Bad Actor Check run on them?

Each company on Republic determines what types of investors they will accept, check each deal page for details.

Token DPA — an interest bearing loan that can be converted to tokens

 By being affiliated with Republic, you get a special discount on Form C reviews through our independent attorneys we have partnered. How the flat fee is determined is explained below.

Number of Prior Issuances of Securities to Investors (Equity, Debt, SAFE, SAFT, etc.)

I agree on you sir. A wise investors will know all the details about the project before investing. If you are satisfied with the project of Republic that was presented in their white paper then you should invest now while you have time. Because for sure you will never regret about your decision to invest with this kind of project.