Risk of having shares in a private incorporated compagny

Hi there,
I was wondering what were the risks of taking up shares in a private incorporated company ? Like if the company fails and goes bankrupt, of course, I loose my shares, but should I have to pay something else ? For example, am I liable to pay the company's debt ?
Or is it loosing my shares the biggest risk ?
Thank you,
Ben
I was wondering what were the risks of taking up shares in a private incorporated company ? Like if the company fails and goes bankrupt, of course, I loose my shares, but should I have to pay something else ? For example, am I liable to pay the company's debt ?
Or is it loosing my shares the biggest risk ?
Thank you,
Ben
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