These are the commonly used legal terms on our platform!
Offering
Another word for the fundraising campaign. Every campaign is an offering of securities to the public, hence the name.
Issuer
The company fundraising (running an "Offering") on FrontFundr.
Investment Commitment
A pledge to invest in an offering; it is revocable by either you or the company, subject to certain terms and conditions.
Target (or Minimum) Offering Amount
The initial fundraising goal an issuer must reach for the offering to be considered “successful.”
Offering Document
An 'Offering Document' is referencing the required document for NI 45-110 - The National Crowdfunding Exemption. This document outlines details on the issuer, the offering, and the risks involved.
Offering Memorandum
An 'Offering Memorandum' or OM is referencing the required document for NI 45-106 2.9 - Offering Memorandum Exemption. This document outlines details on the issuer, the offering, and the risks involved. It will also contain the most recent Year-End Audited Financial Statements.