While we want to let all New Zealanders participate in IPOs with Hatch, there are a couple of rules in the US that mean some investors won’t be able to.
You can’t participate if:
You’re a restricted person as per FINRA rules 5130 and/or 5131
You, or one of your family members, are an employee of FNZ (sorry Hatch team!)
You’re a US person (as per US regulation S). Note a US person and a US citizen are different things - you can be one and not the other!
You’re not a New Zealand resident
There’s a tonne of jargon in the rules, but it’s important to read them thoroughly:
Learn more about IPOs
How does an IPO work?
How to speak IPO: A glossary
Are you IPO prepared?
What are the risks of investing in an IPO?
How to participate in IPOs with Hatch
How do I participate in IPOs with Hatch?
How is IPO participation different to other IPOs on Hatch?
How will the first IPO be different to future IPOs on Hatch?
What if Hatch runs out of IPO shares?
Who can’t participate in IPOs with Hatch?
Are IPO share requests available for Trust accounts?