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Change of Ownership

Transferring Shares

Whether it’s a private sale, a gift, or part of an inheritance, this page is your go-to guide for transferring your shares to another party.

The Process

Step 1: Account Setup

Before any transfers can be set up, the new owner needs to have a MyRacehorse account. This account needs to be verified, and have a physical address on file. This is necessary to ensure we have all of the necessary details  to report any gains/losses to the IRS at the end of the year.

Step 2: Request Form

Use the form on this page to submit your transfer request. Please make sure this form is only filled out once, since duplicate requests can cause issues for our transfer team.

Step 3: Paperwork

Once we have the details of your transfer request, a member of our team will set up a disclosure form, along with the transfer paperwork via docusign. Once both parties have filled out their portions of these forms, each one will receive a copy of their paperwork.

Step 4: Payment

For gifts and private sale transfers, there is a $10 transfer fee for each series being transferred. That fee can be paid for here. To ensure that your transfer is handled promptly, please pay for this fee as soon as the paperwork has been signed. For transfers due to an inheritance, this fee is waived.

 

In cases where shares are being transferred in exchange for money, this is the time in the process that we recommend funds exchange hands. It is up to the buyer and seller to handle this exchange of funds.

Please note: The SEC prohibits the use of general solicitation (i.e. marketing or advertising the shares for sale this includes but is not limited to social media and paid advertising).

Request a Transfer

Frequently Asked Questions

The ins and outs of transferring shares to a new owner.

How long does it take for the transfer to be completed?

Most shares can be transferred within 1-3 days of the paperwork being completed, but some situations may delay the transfer.


All shares (for both Reg A and Reg CF offerings), must complete the official disbursement process through our Broker-Dealer, North Capital, before they are eligible for transfer. This process ensures compliance with securities regulations and may take several weeks to complete.


Owners can complete the paperwork prior to their shares being disbursed, but the transfer will not be processed until the dusbursal process is complete.

Shares sold via Regulation Crowdfunding offerings have a one-year lockup period before those shares can be transferred freely. The only exceptions to this one-year limit are when:

 

  • Transferring shares to a family member (defined as a child, stepchild, grandchild, parent, stepparent, grandparent, spouse or spousal equivalent, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships).
  • Transferring shares in connection with your death or divorce or other similar circumstances.
  • Transferring shares to an accredited investor.
  • Transferring shares to the company that issued the securities (MyRacehorse) solely at the discretion of the issuer.

The easiest way to spot the difference is by looking at the offering page. The term “Reg CF” appears multiple times on the page for our Reg CF offerings.

 

They also have an FAQ section, a funding progress bar, and a comment section built into the offering page. If those fields are present, it’s a Reg CF offering.

Transfers can only be processed once the transfer paperwork is fully completed with correct information including a valid physical address, and if the New Owner’s MyRacehorse account has been created and verified with their birthdate and SSN.

An accredited investor is someone who meets specific financial criteria set by the U.S. Securities and Exchange Commission (SEC). You are considered an accredited investor if you meet at least one of the following requirements:

— Income Requirement: Earned $200,000 individually (or $300,000 jointly with a spouse/partner) in each of the last two years and expect the same for the current year.

— Net Worth Requirement: Have a net worth of over $1 million, excluding the value of your primary residence.

— Professional Certification: Hold specific financial credentials such as a Series 7, Series 65, or Series 82 license.

If you do not meet any of these criteria, you are considered a non-accredited investor and can still participate in MyRacehorse’s Reg A and Reg CF micro-share offerings, which are open to all investors.

For those who qualify as accredited investors, Edge Advantage (Reg D) offers exclusive access to premium investment opportunities. If you’re unsure of your status, we recommend consulting with a financial advisor or reviewing the SEC guidelines here.

t’s an easy process that only takes seconds. All you need to do is the following…

Login to your account

Click Account

Click Manage Profiles

Click on both profiles

Enter the missing/required information and click Update at the bottom of the form.