Buyback Policy
Last Updated: 11/01/2024
1. Overview of the Buyback Policy
The RaiseUp Buyback Policy offers co-owners the flexibility to sell their ownership shares in a project, subject to specific conditions. This policy aims to provide liquidity while ensuring stability in the availability and demand for project shares.
2. Buying and Selling Shares
Co-owners can sell their shares within the platform’s regulated framework. Share sale transactions will be subject to the following conditions:
Proceeds from a sale will only be disbursed once all initially available shares in the project at the time of the sale have been purchased by new co-owners.
This mechanism prioritizes equitable distribution and ensures a transparent process for all participants.
3.Process and Timing of Disbursements
Once shares are listed for sale, they are queued for resale in the project based on share availability.
Disbursement of sale proceeds occurs only when new buyers have purchased the seller’s listed shares and any other outstanding shares available at the time of sale.
Processing times for disbursement may vary depending on the level of demand for shares in the project, particularly during periods of lower market activity.
4.Pricing of Buyback Shares
Shares are sold at the prevailing market price or a buyback rate established at the time of listing.
The payout amount for sold shares may be influenced by factors such as project performance, operational costs, and market conditions.
Transparency in pricing ensures co-owners are informed of the financial implications of their transactions.
5. Limitations and Conditions
The timing of disbursements may be delayed if demand for shares is low or if all available shares in a project remain unsold.
RaiseUp reserves the right to revise the Buyback Policy to comply with financial regulations, market demands, or operational constraints.
All disbursement processes must comply with mandatory identity verification (KYC) and anti-money laundering (AML) regulations, as required by our payment processor, Stripe.
6.Conclusion
The Buyback Policy provides co-owners with a structured approach to selling their shares while maintaining fair and transparent disbursement processes. Co-owners are encouraged to review this policy in detail and consider market conditions when planning their transactions.
