This article explains how to initiate a follow-on investment to enable investors to contribute additional capital to an active investment.
- Log into to your Alto issuer account
- Select the offering name that the investor is contributed additional capital to
- Select the investor’s name under the “Investors” section
- Select +Create Additional Investment under the "Investment Contributions" section
- Enter the additional investment amount
- Sign your full name electronically
- Select Request Investment Increase
- An email will be sent to the investor from ‘no-reply@altoira’ requesting them to login and authorize the additional investment.
- Upon the investor's authorization, Alto will fund the additional investment within 2 business days so long as the IRA account is funded to cover and is 7 days old (IRS rule).