What does the process look like if the company has a ROFR?
If we are conducting a share transfer and the company has a Right of First Refusal (ROFR), which is the company’s right to purchase the shares from the shareholder on the same terms as our offering, we will work with the company to facilitate the transaction. The company will either decide to waive the ROFR, let it expire, or purchase the shares directly from you on the same terms. Typical ROFR periods are 30 days but it is dependent on the company.
Share This Story, Choose Your Platform!
RealtyGo is transforming the real estate industry, rebuilding every part of home buying and selling to make it automated, frictionless and radically simpler. It has created an on-demand buying experience and is integrating financing and title services into a seamless, end-to-end experience. The traditional home buying and selling experience is riddled with stress and uncertainty. RealtyGo is building a fully AI digital, integrated, and self-serve marketplace to remove these pain points—empowering consumers to buy, sell or trade their home in just a few clicks.
Leave A Comment