What is a beneficial owner?

Beneficial owners are required when investing through different legal entities on the HoneyBricks platform.

When making an investment on the HoneyBricks platform through an entity, we are required by law to collect information about any beneficial owner who owns at 25% or more of the entity.

A beneficial owner is a person who directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, owns 25% or more of the equity interests of the legal entity.