Ask HN: How can you transfer shares bought in a private placement?

1 pointEnnis1 comment

In Canada, is it possible to buy shares of a Pre-IPO company and re-sell or transfer those shares to somebody else? Does anyone know?

Are there any clauses that companies generally add to prevent resale prior to IPO?

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I'm not well versed on the features options generally have, you will have to consult your attorney or your contract.

As far as transferring these shares, you can check out http://www.secondmarket.com/ which is a ... you guess it, secondary market for these types of trades.

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