Investing in private or early-stage offerings (such as Reg A, Reg S, Reg-D, or Reg CF) involves a high degree of risk. Securities sold through these offerings are not publicly traded and, therefore, are illiquid. Additionally, investors will receive restricted stock that is subject to holding period requirements. Companies seeking capital through these offerings tend to be in earlier stages of development and have not yet been fully tested in the public marketplace. Investing in private or early-stage offerings requires a tolerance for high risk, low liquidity, and a long-term commitment. Investors must be able to afford to lose their entire investment. Such investment products are not FDIC insured, may lose value, and have no bank guarantee. Investors must acknowledge and accept the high risks associated with private securities offerings. All investing involves risk of loss. Past performance is not indicative of future performance. All investors should make their own determination of whether or not to make any investment in an offering based on their own independent evaluation and analysis after consulting with their financial, tax and investment advisors. By registering with equifund.com you agree to the terms of our Privacy Policy.