Compliance First

PRELISTD operates within established U.S. securities law frameworks. All investment opportunities made available through the Platform are structured as private placements under applicable exemptions from registration.

Offering Structure

Investment opportunities available through PRELISTD are typically structured under:

Regulation D Rule 506(c)

For U.S. accredited investors

Regulation S

For eligible non-U.S. investors

These exemptions permit private capital formation without public registration, provided that investor eligibility and verification requirements are satisfied.

Securities offered through the Platform are not registered under the Securities Act of 1933.

Accredited Investor Verification (Rule 506(c))

Under Rule 506(c), issuers are required to take reasonable steps to verify that U.S. investors qualify as accredited investors.

Verification may include:

  • Review of income documentation
  • Review of net worth documentation
  • Written confirmation from licensed professionals
  • Third-party verification services

Self-certification alone is not sufficient under Rule 506(c).

Access to U.S. offerings is restricted to verified accredited investors.

Regulation S (Non-U.S. Investors)

For investors located outside the United States, offerings may be conducted in reliance on Regulation S.

Regulation S securities are subject to resale restrictions and holding period requirements.

Participation under Regulation S requires that:

  • The investor is not a U.S. person
  • The transaction occurs outside the United States
  • Distribution compliance requirements are satisfied

Investor Eligibility

Participation in offerings available through PRELISTD is limited to:

  • Verified accredited investors in the United States under Rule 506(c)
  • Eligible non-U.S. persons participating under Regulation S

All investors must complete:

  • Identity verification
  • Sanctions screening
  • Anti-money laundering (AML) checks
  • Eligibility verification

PRELISTD restricts access where eligibility requirements are not satisfied.

Restricted Securities & Transfer Limitations

Securities offered through PRELISTD are privately issued and are generally considered restricted securities. Transfers may be limited by:

Federal securities laws
State securities laws
Regulation D restrictions
Regulation S distribution compliance periods
Rule 144 holding period requirements
Contractual lock-ups in offering documents

Investments made through PRELISTD should be considered illiquid and long-term in nature.

PRELISTD does not operate a public trading market.

No Public Trading

PRELISTD does not operate:

  • A securities exchange
  • An alternative trading system (ATS)
  • A public secondary marketplace
  • An order book or price discovery mechanism

Any permitted transfers are private, issuer-approved, and subject to regulatory and contractual restrictions.

Platform Role

PRELISTD operates as a technology platform that facilitates access to privately structured investment opportunities.

PRELISTD is not:

  • A registered broker-dealer
  • A registered investment adviser
  • A custodian of investor funds
  • A bank

Each offering is made by an independent issuer through a dedicated investment vehicle. Capital commitments are made directly to the issuer or its designated entity. PRELISTD does not pool investor funds at the platform level.

Ongoing Oversight & Documentation

Each offering includes:

Offering documentation
Risk disclosures
Governing agreements
Eligibility requirements

Investors are responsible for reviewing all offering materials and conducting independent evaluation before making any investment decision.

Important Notice

Private investments involve substantial risk and are not suitable for all investors. Participation is limited to those who meet applicable eligibility and verification requirements.

If you do not fully understand the risks or eligibility requirements, you should not participate.