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4 days ago

Cut Back Investor Allocations Without Making Them Re-Sign

On oversubscribed deals, you can now cut back investor allocations without needing additional signatures. That means you can close on schedule even when allocations shift at the last minute.

  • Cut an investor's allocation back to any amount, including $0, without requiring them to re-sign.
  • If you invite an investor with the cutbacks setting turned on, they’ll be notified before signing. You can adjust this setting per investor as needed.
  • If an investor is cut back after they have funded, Sydecar refunds them any excess funds at final close. That means no separate close or manual refund math.

Learn more: https://help.sydecar.io/how-do-i-cut-back-investor-allocations

Avatar of authorFrancisco Cadavid