How long does it take to raise money with truCrowd Illinois?
Last Updated: Jul 24, 2019 20:20
Each offering has a listing period of 60 or 90 days.
The offering will be first listed on the platform for a 21 days (cool off period). During this time it will be visible to all potential investors though no investments are accepted.
The 21 days cool off period it is not included into the 60 or 90 days period
To this time, one should factor in the time needed to complete the Regulation Crowdfunding offering and all related documents. Depending on Entrepreneur's team and how much they already have done, we estimate the preparation process might take as little as two weeks - including the time we need to perform background and bad actor check on all control persons of the company.
The offering will be first listed on the platform for a 21 days (cool off period). During this time it will be visible to all potential investors though no investments are accepted.
The 21 days cool off period it is not included into the 60 or 90 days period
To this time, one should factor in the time needed to complete the Regulation Crowdfunding offering and all related documents. Depending on Entrepreneur's team and how much they already have done, we estimate the preparation process might take as little as two weeks - including the time we need to perform background and bad actor check on all control persons of the company.