Q: Will Mystartr transfer my investment monies immediately to the Issuer?
No, Mystartr will not transfer your investment monies immediately to the issuer.
Instead, your investment funds will be held separately in the Trust Account. These funds will only be released to the issuer once the Minimum Target Amount and all specified conditions precedents have been successfully met. This provides added security and transparency throughout the investment process.
Q: Can I update my investment amount?
Certainly! During the campaign period, you can reach out to Mystartr for assistance in updating your investment amount. This ensures that investors have the opportunity to adjust their investment commitments according to their investment decisions within the campaign period.
Q: Can I change my mind and withdraw the investment?
Yes, you have the option to change your mind and withdraw your investment. If the campaign is successful, a Cooling-off Period will be initiated, during which you can withdraw your investment and request a refund at any time. This Cooling-off Period provides investors with the opportunity to reconsider their investment decision and ensures that they have the flexibility to adjust their investment as needed.
Q: How will Mystartr refund me if I cancel the investment during the cooling-off period or when the campaign I invest fails to raise the Minimum Target Amount ?
If the campaign you invested in fails to achieve the Minimum Target Amount, or if you decide to cancel your investment during the Cooling-off Period, your investment monies will be refunded to your bank account according to our refund process. The refund will be processed and credited directly to your bank account within 15 working days after the investor has signed the refund form.
Q: Does Mystartr charge any fee on me?
No.
