About
Private secondaries are hard because the paperwork is real.
A private share transfer is not a trade. There is no exchange, no central depository, and no guarantee the transaction completes — the issuer can decline it, or exercise a right of first refusal and buy the shares itself.
What we built
EquityFlowX models the whole path a private transfer actually takes: origination, negotiation, compliance review, issuer approval, right of first refusal, documentation and settlement. Each stage is an explicit state with explicit permitted transitions, and every transition is recorded permanently.
Two ways a transaction starts
Company-sponsored liquidity events are the primary route. An issuer brings a transaction to the platform — an employee liquidity programme or a company-supported tender — and eligible investors participate around it.
Shareholder listings are the second route. A holder lists eligible shares, investors discover them, and the issuer still reviews the resulting transfer.
Why compliance runs the length of it
Compliance is not a checkpoint between browsing and buying. It gates registration, it gates what a user can see, it gates whether an offer can be made, and it gates settlement. Accredited-investor status is verified against evidence and a reviewer decision — never a self-certification checkbox.
Current status
EquityFlowX is not a registered broker-dealer or alternative trading system. It holds no customer funds and transfers no real securities. Execution, custody and settlement sit behind defined integration points for licensed providers.