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What happens if a transfer isn't signed in time?

A transfer expires if everyone hasn't signed within 90 days. Nothing is transferred, and you can start a new one.

The 90-day window

A transfer has 90 days from when it is initiated for everyone to sign: the transferor, the transferee, you as the deal lead, and Sydecar. The signing emails say when the window ends.

Sydecar emails anyone who still needs to sign as the deadline approaches. You can see who has signed on the "Transfers" tab (hover "Awaiting signatures") or in the transfer's side panel.

What expired means

The "Transfers" tab shows "Expired" with "Not signed by everyone within 90 days", and the effective date shows a dash. Nothing was transferred: the transferor keeps their full position, the receiving party is not added to the cap table, and any signatures already collected no longer apply.

Starting again

Initiate a new transfer from the "Transfers" tab. The transferee accepts the new request and a new agreement is created. See How do I transfer an investor's interest to a buyer?.

An expired transfer is different from a canceled one, which a party chose to stop, or a declined one, which the transferee turned down. See Can a transfer of interest be canceled?.

Still have questions? Contact our Deal Operations team at operations@sydecar.io.