What does it mean when an offering has a Waitlist?
If a fund on IPOGO has been fully committed (i.e. Investors have committed to purchasing all available shares from the fund), interested investors will need to join the Waitlist to reserve a spot in the event additional shares become available OR an investor backs out of the deal.
To join the Waitlist, investors will need to sign a Term Sheet with their desired investment size.
Please note, term sheets are non-binding. This means that if you sign a term sheet to be added to the Waitlist, you will not be bound to move forward should an allocation of shares come available.