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Closing an offering

Requirements for closing an investment offering, what happens afterwards and what to do if closing is not possible.

Written by Christian von Albrecht

As an Investment Manager, you close your offering directly on the platform once the investment phase is complete. Closing is only possible when all requirements below are met.

Requirements for closing

  • Minimum issuance volume reached: the sum of the confirmed investments must reach the minimum volume defined for the offering. Below this amount, the offering cannot be closed.

  • All payments confirmed: every signing must have the status Payment confirmed. Signings for which no payment will be received should be deleted (see "Managing investor commitments and payments").

  • Verifications completed: the issuer, the issuing vehicle and all beneficial owners must be fully verified.

  • Approval by our licensed partner: the closing must be approved by our regulatory partner Concedus. This review can take some time.

After closing

After the closing, the final legal documents are prepared and the securities are issued to the investors. The offering card on the homepage may temporarily show "Closed: Waiting Legal Documents" – the status on the offering detail page is always authoritative.

Closing is not possible?

  1. Check whether the minimum issuance volume has been reached.

  2. Check whether all payments have been confirmed and whether there are still signings without payment.

  3. Check whether all verifications (issuer, beneficial owners) are complete.

If everything is fulfilled and you still cannot close the offering, please contact our support team with the name of the offering.

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