OTC secondaries
OTC.
How it works
01
Post a deal
Company, side, size, price. Anonymous until match.
02
Match + NDA
Countersign NDA. Identities exchange.
03
SPA + escrow
Third-party escrow agent named in the SPA.
Fees
| Minimum | $10,000 |
| Mithril close fee | 0% |
| Counsel | Party-paid |
| Transfer fees | Varies |
| Escrow service | Varies |
| Settlement | T+ multi-day |
Risk
- ROFR: company can buy the block at your price.
- Counterparty can walk before close.
- Timeline extends for transfer-agent processing.
- Shares remain illiquid post-close.
- Each deal has its own SPA. Read it.
Compliance · Risks · Trust