Did you know? Issuers on DealMaker choose to structure 70% of their deals by asking investors to subscribe by a number of securities rather than by an investment amount.
Calculating the number of securities an investor receives is not always a simple process. A fraction of a dollar in an investment amount may be insignificant, but the number of securities it translates to can cause confusion for all parties.
What we often see in the capital-raising process
The DealMaker Solution
DealMaker works with the issuer and legal counsel to set rounding rules prior to launch. The
company has the option to round down, round to the closest unit, or round up. Coding the rounding rules into DealMaker eliminates uncertainty for investors.
How does it work?
Elegantly! On DealMaker, an investor is shown a real-time conversion of their investment amount (in the deal currency) to the number of securities they will receive (or vice versa).
In certain cases, as shown here, an issuer can allocate/fix the dollar amount or number of securities before the investor starts the questionnaire.