The issuers will have to provide information on the issuer’s entity, shareholders, directors and key management in order for pitchIN to conduct background checks. The issuers will also have to state why the funds are required and provide relevant business cases and projections. Most importantly, depending on the amount of money intended to be raised, the ECF Guidelines mandates for various levels of audited or certified financial information.
There are also various disclosures for the issuers to make as part of their offers so that investors are able to make informed decisions to invest.