How are investors notified of changes in my business?

Whilst conducting a Regulation CF deal, it is important to keep your investors up to date with milestones towards the raise goal. Statute requires investors to be notified within 5 business days upon reaching 50% and 100% of the goal unless the deal raise amount is listed on the funding portal.

To ensure a Regulation CF continues to run smoothly for companies, you will see in your dashboard a clear and concise ‘Progress’ tab within your portal allowing you to have a visual representation of the subscriptions as they come in. You will then be required to send an update to your subscribed investors at both the statutory milestones. You should stay in communication with your broker-dealer to make sure all of the necessary notifications go out to investors on your deal.

You can make a change to your deal if a change in the business occurs; if this change is deemed a ‘material change’ you will need to file an amended Form C. Notify your broker-dealer to ensure that investors who have already invested into your deal are provided a notice and are required to opt-in to their investment. If an investor has not positively confirmed the investment after five days, their subscription will be cancelled and monies will have to be returned.