Startups
What happens when a campaign funding goal is reached?
You can see when the minimal funding amount has been met on the campaign page. If the campaign funding goal has been reached, the company may either:
- decide to close the campaign. In this instance, the company must give investors at least 5 business days notice of their intention to close;
- notify investors of the intention to conduct a rolling close, which allows the company to draw down funds and continue to accept investments; or
- continue without drawing down funds until the stated deadline.