How much lead time is required to extend an offering?

How much lead time is required to extend an offering?

If the subscription period of an offering is to be extended beyond the period defined in the relevant offering documents, the Key Investment Information Sheet (KIIS) and the terms and conditions of the offering must be updated accordingly.

CONDA Capital requires at least four business days' notice to prepare and implement an extension.

How are existing investors informed?

All investors who have already invested must be informed of the extension in writing. As part of this communication, they will also receive the updated documents by email:
  1. the updated Key Investment Information Sheet (KIIS)
  2. the updated terms and conditions of the offering
Alert
Please plan any extension at an early stage and coordinate it with your Financing Manager no later than four business days before the originally scheduled end of the subscription period.