Startups
What happens when the company makes changes during a campaign?
If any material change occurs during the campaign, the startup must notify investors and those investors must re-confirm their commitments.
If an investor does not reconfirm his or her investment within 5 business days after notice is sent, the investor’s commitment will be automatically cancelled and their funds will be returned without interest or deductions.
If an investor reconfirms their commitment, then the campaign continues as normal. The funds will be released from the escrow account directly to the company, and investors will receive their securities via email.