Offer is being successfully Closed #
investment/legally_closed.pug - required by law/SEC investment/successfully_closed.pug - required by law/SEC
flowchart TD A[Full Offer Subscription Verification] --> B(Agreements Validation) B --> C(Payments Validation) C --> D(Status Change to Legally Closed) D --> E([LAW REQUIRED EMAIL : Closing Confirmation]) D --> F[Change Offer Status to Successfully Closed] F --> G([LAW REQUIRED EMAIL : Closing Summary]) F --> H{{Dividends Period Initializes}}
Once the offer closes successfully (i.e., reaching its target), funds are transferred to the issuer. The SEC requires platforms to file closing updates and require notification of the successful closure to investors. Investment is considered final after this point, and funds are non-refundable, unless fraud or misrepresentation occurred.
The platform verifies that the offer has reached 100% subscription, all investment agreements are signed, and all funds have been paid. The offer status is changed to “Legally Closed.” It notifies all investors via email confirming that offer is legally closed and declaring the next steps. Admin marks the offer as “Successfully Closed.” The platform notifies investors with a legally-required closing confirmation email, summarizing the completed offer and informing them about the dividends period.
Our email-service has integration with the trusted delivery and marketing platform which ensures security, compliance, and deliverability. It obust encryption and regulatory compliance (FINRA), protecting sensitive financial data and minimizing the risk of phishing or email spoofing. Additionally, third-party providers handle scalability, uptime, and automation, ensuring timely communication during high traffic periods and streamlining customer notifications.
Notice: Provider Variability and Compliance Assurance
Please be advised that, depending on customer preferences, the specific providers involved in the investment and related processes, including identity verification, accreditation checks, electronic wallet provision, email communications, and other related services, may vary. However, rest assured that all such providers are carefully selected to meet the highest standards of security, compliance with applicable laws and regulations, and user experience best practices.
Each provider undergoes a rigorous vetting process to ensure they align with our commitment to safeguarding your personal and financial information. We prioritize full adherence to regulatory requirements, ensuring that your investment experience remains secure, compliant, and seamless.
Test Cases
All processes on our platform are thoroughly documented, including detailed test cases, which are especially critical whenever changes are made. Test cases ensure that every feature functions as intended, identify potential issues early, and maintain the platform’s reliability, security, and compliance for our investors.
Related Use-Cases: