Offer funding process #

Funding Process steps #

1. Offer status = Published. Stage: Investor Commitments. Investors express their interest in participating in the offering and commit funds to the investment through investment agreement(s). Result: 100% offer subcription.
2. Offer status = Published. Stage: Escrow Deposit. Investors transfer their committed funds to the designated escrow account. The escrow agent verifies the receipt of funds and holds them securely until the offering reaches its closing conditions. Result: all investments are paid.
3. Offer status = Published. Stage: Closing Conditions. The offering have legal(participated investment profiles passed KYC&Accreditation) and financial (total shares amount all investments paid successfully) conditions that must be met before funds are released from escrow and transferred to the company. Result: Offer gets Legally closed status.
4. Offer status = Legally closed. Stage: Closing. Once all closing conditions are satisfied, the escrow agent releases the funds from escrow and transfers them to the company’s designated account. Result: Offer gets Successfully closed status.

Money Movement #

1. Escrow Account: Committed funds from investors are deposited into a dedicated escrow account managed by the escrow service agent. This account is separate from the company’s operating accounts and ensures that investor funds are held securely until the offering is completed.
2. Release of Funds: Funds held in escrow are released to the company only when all closing conditions are met.
3. Transfer to Company Account: Once the funds are released from escrow, they are transferred to the company’s designated bank account. The company can then use the raised capital for the intended purposes outlined in the offering documents.