Is there a maximum or minimum amount for a campaign?
The entrepreneur must determine a minimum target amount and work diligently to accomplish that goal. If the campaign reaches 100% of the minimum target amount, the company will receive the money. If it doesn’t succeed, it will receive nothing.
If the campaign is set up to accept over subscription the entrepreneur has to set the maximum amount he will accept from oversubscribed pledges. In this case, the company can keep all the money raised on top of the minimum target amount.
When deciding to accept over-subscription the entrepreneur has to show reliable planning including the use of funds.
Investing in startups and early-stage businesses involves risks including illiquidity, lack of dividends, loss of investment and dilution. Equity crowdfunding should only be executed as part of a diversified portfolio in accordance with the limits set up by the State Securities Board. At truCrowd we exclusively serve resident investors who understand these risks and are capable of making their own investment decisions. , Read the full Risk Warning.
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TruCrowd, Inc. a Delaware Corporation, is a funding portal (CRD# 283063) member of FINRA (Financial Industry Regulatory Authority), is registered with the Securities and Exchange Commission (SEC file number: 007-00015) and operates only those sections of this website where Regulation CF Crowdfunding offerings are made. TruCrowd, Inc. does not operate those sections of this Website where (a) Regulation A+, or D offerings are made, or (b) any other types of offerings other than Regulation CF Crowdfunding offerings are made. TruCrowd, Inc. neither makes any recommendation regarding, nor is providing any advice with respect to, any company or offering discussed in this communication.
TruCrowd Services, LLC, an Illinois LLC, is NOT a member of FINRA (Financial Industry Regulatory Authority), is not registered with the SEC (Securities and Exchange Commission) to operate Regulation CF Crowdfunding Portals, is not a Broker/Dealer or an Investment Adviser and does not engage in the operation of any Regulation CF Crowdfunding Portals or offerings. TruCrowd Services, LLC does operate sections of this Website on which Regulation A+ and Regulation D offerings are made. TruCrowd Services, LLC neither makes any recommendation regarding, nor is providing any advice with respect to, any company or offering discussed in this communication.