Transfer Agent
When you sell shares to the general public, it is important to have a company that will keep track of who owns those shares. The Regulation Crowdfunding rule permits investors to sell their shares after one year from the time they purchased them (closing date). The transfer agent is the company that tracks who owns the shares and when an investor sells them, the transfer agent will record the new owner. We require companies who list on StartEngine to sign it.
Review the Fund America Transfer Agent agreement.
Email hello@startengine.com to receive an electronic signature agreement.
Fund America Transfer Agent fees:
- FAST Account Fee - $25/mo (1 Admin, unlimited investors, unlimited types of securities)
- FAST Add’l Admins on Account - $5/admin monthly fee
- Interest/Dividend Payments - $25/accounting batch fee plus $0.50 per investor payment made via ACH (checks are $5, wires $15)
- Annual Tax Information Files (.csv) - $0 (no fee)
- Investor Vesting Changes & Email Confirmations - $2
- “To:Investor” Email System - $2 per use (unlimited investors, no fee per investor email)
- Process Stock Splits & Email Confirmations - $25
- Process Ownership Changes, Enforce Restrictions, Email Confirmations - $2/item
- Buyer (secondary)
- Escrow, Process & Register Secondary Transactions – $25/item (plus restrictions clearance, if any)
- AML Secondary Transactions (buyer) - $2 domestic investor, $60 international
- Exchanges:
- Exchange Platform API Key Setup & License - $0 (no fees)
- Exchange Transaction Fee - $0 (no fees)
Please help us improve this guide. Fill out a 1 minute feedback form.