Every Regulation Crowdfunding (Reg CF) offering has a minimum raise target — the minimum amount the issuer must collect for the offering to close. If that target is not reached by the deadline, investor protections kick in automatically.
What Happens
- No securities are issued. No shares, notes, or other instruments are created or transferred.
- All investment commitments are automatically canceled.
- Your funds are returned to you in full from escrow.
You do not need to do anything. This process is handled automatically by the escrow agent.
Refund Timelines
- Credit Card: 5–10 business days after the refund is initiated
- ACH Transfer: 5–10 business days after the refund is initiated
- Wire Transfer: 7–15 business days (varies by bank)
You will receive an email when your refund has been processed.
Why This Protection Exists
This is a core investor protection built into Reg CF. Investor funds are held in escrow during the offering period specifically so that they can be returned if the raise does not close successfully.
Need help?
If you believe a refund is owed and haven't received it within the expected timeframe, contact DealMaker Support.