WHY IS COMPUTERSHARE ASKING ME TO SEND THEM A W-9 OR W-8?
The IRS requires Computershare to solicit a Tax ID Number a total of three times for uncertified accounts (accounts without W-9 or W-8 on file), regardless of balance or activity on the account:
When the account is created
By December 31 of the first year
By December 31 of the following year
W-9 annual mailings usually happen in December.
W-8 annual mailings usually happen in September or October for expired W-8 holders.
A W-9BEN will be sent for each beneficial owner on multiple owner accounts
Computershare will automatically send a W-8BEN(-E) to the address of record in an attempt to renew the W-8BEN(-E) certification before it expires
In all cases, Computershare advises you to complete and return the W-9 or W-8BEN(-E) to be in compliance.
I'M ALREADY AN AN INVESTOR - HOW DO I INVEST MORE?
TTSA is not currently accepting investments through equity crowdfunding.
I'M AN INVESTOR AND I NEED TO UPDATE MY ADDRESS
Log into your Computershare profile and update your information in their Investor Center.
WHEN WILL I RECEIVE UPDATES?
The best way to stay current is to sign up for our mailing lists and visit our social media accounts. In addition to the filings we make with the SEC, we will periodically send updates directly to investors. The company also discusses company affairs at its Annual Meeting.
HOW CAN I SELL OR TRANSFER SHARES?
We are a privately held company, and our shares are not traded on a public stock exchange. As a result, the shares cannot be easily traded or sold. As an investor in a private company, you typically receive a return on your investment under the following two scenarios:
• The company gets acquired by another company.
• The company goes public (undergoes an initial public offering on the NASDAQ, NYSE, or another exchange).
In those instances, you receive your pro-rata share of the distributions that occur.
WHAT IS EQUITY CROWD-FUNDING?
In March 2015, the Securities and Exchange Commission (SEC) released final Regulation A+ rules under Title IV of the JOBS Act, paving the way for companies like TTS Academy to raise capital from both accredited and unaccredited investors.
WHAT ARE THE RISKS OF EARLY-STAGE INVESTING?
Because Reg A+ allows early stage investing by non-accredited investors, the SEC put limits in place to protect the general public from investing more than they can afford to lose in early-stage companies. However, investing in start-up and early-stage companies is risky due to the nature of these types of entities and the long horizon of the investment type. Please review the Offering Circular for a complete discussion of the risks of investing.
WHAT HAPPENS AFTER INVESTING?
After you complete the 'Invest' process and send funds, your funds will be held in escrow (meaning we can't access it) until we conduct a “Closing” approximately once a month. Once your investment funds are part of a Closing, you will receive an email from us with your Subscription Agreement followed by letter from our transfer agent, Computershare, including an account statement documenting your securities. If you do not receive your letter, please reach out to us at email@example.com.
CAN I MAKE A DONATION?
We appreciate those who want to donate money to support our mission, but we are unable to accept donations at this time.
For general FAQs, please see ToTheStarsAcademy.com.