Prices: ECF vs Indicative vs Last Traded

Investing in companies on pitchIN involves understanding different share prices, each impacting your portfolio value at various stages. Here's a breakdown of the three key prices you'll encounter:

This is the initial price you pay to acquire shares in companies during their Equity Crowdfunding (ECF) campaign on pitchIN. It represents the company's valuation at that specific point in time. By investing at the ECF stage, you're essentially betting on the company's future growth potential.

Impact on Portfolio Value (before Secondary Market)

The number of shares you acquire at the ECF price determines your initial investment amount and your proportional ownership stake in the company (through our Nominee structure).

The Indicative Share Price is determined through one of the following methods:

1. ECF Share Price;
2. Company Valuation Report;
3. Major secondary trade(s); and/or
4. Subsequent funding rounds of the Issuer.

Impact on Portfolio Value (before Secondary Market)

For the ECF Investors of an Issuer, while you initially purchased shares at the ECF price, if the company undergoes any of the above events which may lead to a revision* of their valuation, this will be reflected in your portfolio as an Unrealized Gain/Loss. The Indicative Share Price provides a benchmark for this potential gain or loss.

*If the Indicative Share Price is higher than your ECF price, it suggests a potential unrealized gain in your portfolio. If the Indicative Share Price is lower than your ECF price, it suggests a potential unrealized loss in your portfolio.

This is the actual price at which shares are bought and sold by investors on pitchIN's Secondary Trading Market (PSTX). This price reflects real-time supply and demand for the company's shares.

Impact on Portfolio Value (after Secondary Market listing)

The Last Traded Price directly impacts the value of your investment. If you decide to sell your shares on the PSTX, you'll receive the current market price. Conversely, if you choose to buy additional shares on the PSTX, you'll pay the prevailing market price.