Frequently Asked Questions

Investing

• What is CFMD Reg D LLC?

  CFMD Reg D LLC hosts all 506(c) offerings found on this website. Is not registered with the SEC or FINRA, and its involvement in the offerings on this website is limited to maintaining the platform and providing certain ancillary services to Regulation D issuers as permitted by 15 U.S.C. 77d(c). CFMD Reg D LLC and Crowdfund My Deal, LLC share the same owners but operate as separate businesses.

• What is Crowdfund My Deal, LLC?

  Crowdfund My Deal, LLC hosts all Reg CF offerings found on this website. It is a funding portal registered here with the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Crowdfund My Deal, LLC and CFMD Reg D LLC share the same owners but operate as separate businesses.

• Who owns this website?

  CFMD Reg D LLC hosts all 506(c) offerings found on this website. Is not registered with the SEC or FINRA, and its involvement in the offerings on this website is limited to maintaining the platform and providing certain ancillary services to Regulation D issuers as permitted by 15 U.S.C. 77d(c). CFMD Reg D LLC and Crowdfund My Deal, LLC share the same owners but operate as separate businesses.

• Will I pay a fee for investing?

  No, you are not assessed any fees for your investment in any investment round. The fees associated with running the project, accrediting you as a qualified investor, placing the funds received into escrow and so on are paid by the issuer.

• How do I verify my accredited status?

  During the investment process, you may be required to affirm that you are an accredited investor. Different offerings may require different levels of proof, and may have different methods to provide that proof. Review instructions carefully while you go through the investment process.

• How are contracts signed?

  During the investment process, you will receive specific instructions about how you are to sign any documents. Each offering may use it's own method of signing, so review instructions carefully during the investment process.

• How do I pay?

  During the investment process, you will receive specific instructions for that offerings method of payment. The method of payment is specific to each project, so carefully review each step of the investment process.

• Will I receive project updates after I invest?

  You may receive updates from the project issuer on the status and progress of the project. You will be notified directly of these updates, and they may be viewed on the project itself under the update section.

• When will the offering close?

  For Reg CF Offerings, an offering closes when the end date of the funding round has been closed. The issuer may also choose to inform its investors it will close the offering early for various reasons (e.g., it has already met its maximum funding amount), in which case it will pick an early closing date which is (a) at least 21 days after the offering was opened and (b) at least five business days in the future. Crowdfund My Deal will the email all investors who have made commitments informing them of the new anticipated early closing date, that investors may cancel their investment for any reason until 48 hours prior to the early closing date, and whether the issuer will (or will not) continue to accept investment commitments during the 48 hour period prior to the new offering deadline. Note that if, due to subscriber cancellations, the offering no longer meets or exceeds its minimum funding amount at the time of the early closing date, then the offering will not close on the early closing date, and will instead continue until the end date of the funding round. For Reg D, 506(c) Offerings, the offering will close when the end date of the funding round has been closed, but the issuer may choose to extend the offering or close the offering early at any time.

• Can the issuer or the portal cancel my investment?

  Yes, the issuer or investment portal may cancel any investment at any time, for any reason, prior to the close of the offering. Once the offering has closed, investments cannot be canceled.

• Who can invest?

  Different types of offerings allow for different investors. Some types of offerings require that you be an accredited investor, while others allow everyone the opportunity to invest. Some offerings may even require that you live within a certain area to invest. Knowing what kind of investor you are will help you understand in which offerings you may invest.

• How much can I invest?

  The amount of funding you can invest depends on your status as an investor, the governing regulation and limits the issuer has chosen to place. When you begin your investment, you will be shown both the maximum and minimum investment limits. Title III limits how much you can invest each year – not only in any one company, or through any Funding Portal, but in all companies through all Funding Portals. These limits apply only to your investments in Reg CF Offerings. Crowdfund My Deal, LLC will calculate your annual investment limit based on your net worth and income. Investment limits are calculated on a rolling 12-month interval, and every investment in a Regulation Crowdfunding offering on any portal will count toward your annual limit. Since we only have records of your Reg CF investments on this Portal, you will need to inform us how much you have invested in Reg CF offerings on other portal’s in the last 12-months. For non-accredited investors, the maximum amount you can invest in all Title III offerings during a 12-month period is: If your annual income or net worth is less than $124,000, you may invest the greater of: $2,500; or 5% of the greater of your annual income or net worth. If your annual income and net worth are both at least $124,000, you can invest the lesser of: $124,000; or 10% of the greater of your annual income or net worth. You and your spouse may choose to combine your incomes and assets to invest, in which case you will both be treated as a single investor when determining how much you can invest. Note that your net worth is calculated in a special way by SEC Rule 501(a)(5)(i)), see “How do I calculate my net worth” below for more information. There are no investment limits for accredited investors. There are several ways to qualify as an accredited investor, but the most common types are (1) a natural person whose individual net worth [as calculated under SEC Rule 501(a)(5)(i)], or joint net worth with that person’s spouse or spousal equivalent, exceeds $1,000,000, and (2) any natural person who had an individual income in excess of $200,000 in each of the two most recent years (or joint income with that person's spouse or spousal equivalent in excess of $300,000 in each of those years) and has a reasonable expectation of reaching the same income level in the current year. Once you are verified as an accredited investor, you are free to invest without limits.

• How do I calculate my net worth?

  Under SEC Rule 501(a)(5)(i), "net worth" is calculated in a special way that excludes the investor's equity in his or her primary residence but includes certain debts secured by that residence. To calculate your net worth, add up all your assets excluding your primary residence, and subtract all liabilities excluding indebtedness that is secured by your primary residence, EXCEPT: ▪ Negative equity in your home reduces your net worth (“i.e.; indebtedness in excess of the estimated fair market value of the primary residence at the time of the sale of securities shall be included as a liability”); AND ▪ Any increase in indebtedness secured by your residence in the last 60 days reduces your net worth (“if the amount of such indebtedness outstanding at the time of sale of securities exceeds the amount outstanding 60 days before such time, other than as a result of the acquisition of the primary residence, the amount of such excess shall be included as a liability”) Please see the text of SEC Rule 501 and the SEC’s website with detailed example calculations for more information.

• What happens if an offering doesn't reach it's funding goal?

  If an offering hasn't reached it's funding goal by the end of a funding round, the project will close and your committed funds will be refunded. You should expect to receive a refund within 10 business days.

• Can I modify my investment?

  No, you cannot modify an investment after you've completed your commitment to invest. If you wish to invest a different amount or make other such modifications, you should either: ▪ For Reg CF offerings and Reg D, 506(c) Offerings which allow cancellation, cancel your previous investment and make a new investment: or ▪ For Reg D, 506(c) Offering which do not allow cancellation, reach out to the Issuer directly.

• Can I cancel my investment?

  For Reg CF Offerings, you can cancel prior to 48 hours before the close of the funding round, which will either be the deadline disclosed in the issuer’s offering materials or an early closing date which you were notified of by email. If you've already submitted payment prior to canceling, you should expect a refund within 10 business days. Each offering page will clearly disclose the anticipated deadline after which you may not cancel your investment, but that deadline may change if the issuer announces an early closing date. Early closing dates must be announced at least five business days in advance, but investors should note that if you receive an email concerning a changing closing date, you may have as little as three days to cancel your investment. Once the 48 hours before the close of the funding round has passed, your investment cannot be canceled. For Reg D, 506(c) Offerings, the Issuer’s cancellation policy will be spelled out on each deal page. Some issuers may allow you to cancel your investment, but you should not expect to be able to cancel your investment once made.