Information about Minimum and Maximum Securities for Sale
When an offering reaches its minimum raise, it can be closed at any time without notice under the crowdfunding exemption.
In the above image you'll notice that the current raise amount is almost $50,000 more than the target listed. This is because $250,000 is the minimum amount required for this raise to be successful. Once that target is hit, an Issuer can close the raise at any time without notice.
A maximum securities for sale is the maximum that the raise can receive before it must be closed.
The minimum and maximum securities for sale amounts are always available in the offering document for the crowdfunding exemption in the following sections below.
The minimum amount will show up in three locations:
On the properties page of the website:
On the Prop Drops feed on the web when you are logged into your account:
In the iOS app: