I havenāt received the email yet either. Is there a way of checking if Iām on the list?
I havenāt received the email yet either. Is there a way of checking if Iām on the list?
Apologies for the confusion, if youād received an email from us about crowdfunding already, you wonāt have received the email this morning.
But we will email you again later today.
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Good to hear this, I will be funding just for stock universe in the thousands feature. FT stock inventory definitely needs a push. Good luck with the funding guys 
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I suspect it will be part of Alexās FAQ he will issue later today, but probably the 25th of April, as of midday 
This will also, hopefully, be shared in the FAQ
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Each investor is allowed up to 5% of the raise?
Something tells me Monzoās 96 second record is seriously at risk here.
(Apologies if someone already said that - I couldnāt be arsed reading the whole topic to check 
)
Thatās the target, we donāt yet know what the upper limit is going to be 
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Keen to know if FreeTrade have secured an Institutional Investor as part of this upcoming fundraise. With competitors such as Robinhood rumoured to launch in the UK this year, having the backing of investors with deep pockets will be key.
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I have a few questions:
- Is this the Series A?
- Are there any other planned investment rounds this year?
- In the last round the pitch deck was shared a few days before. When will the pitch deck be available?
- What share types are on offer? If thereās only B Shares then will existing A Share holders receive A Shares, or B Shares?
- Will the 1.5% Crowdcube fee apply in this fundraise? If there is a 1.5% fee then will existing share holders exercising their pre-emption rights be exempt from the 1.5% fee?
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To answer your question, youāre generally ok to invest from abroad. The exclusions around location apply to residents in other countries, hereās the guide -
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Thanks Alex
A few follow on questions
-
The FAQ says thereās no plans on doing another crowdfunding round. However. Does the same apply to institutional rounds? If so, are you planning on doing a Series A this year?
-
In the last raise, A Share investors from Round 1 & 2 received additional A Shares in Round 3. Why is this no longer the case in Round 4? Additionally looking forward do you envision only B Shares being offered?
-
I know the 1.5% fee for exercising pre-emption rights isnāt levied by Freetradeā¦ But is there any way to circumnavigate this?
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Also any idea on the amount of voting rights class b will have?
Class B shares have neither voting nor pre-emption rights. But as with Class A shares, the right to dividends and capital distributions. This is a pretty standard distinction.
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@Freetrade_Team1 maybe worth adding a link to https://help.crowdcube.com/hc/en-us/articles/360001527460-What-are-the-fees-for-investing-on-the-platform- to the faq: Crowdcubeās rate is higher than 1.5% if youāre investing small sums, the rate is capped at 250, and itās added to your investment sum rather than deducted from it.
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Thanks for all the info - once more details are available I would be interested to know if existing investors will be dilluted and by how much.
Cheers!
Excited for more information.
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The difference is Freetrade B Shares have no voting, or pre-emption rights.
Whatās the benefit of investing before others? It was said that a private link will be sent to all members. Assuming that even when there is global access on Crowdcube and the target has not met yet, how one can benefit from investing in advance through the private link ?
I guess because the target will be met fast so those 20 minutes could come in handy!
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