What is a Lock up period

Modified on Mon, 05 Dec 2022 at 10:06 PM

PeerPower divides investment into two periods 

  1. Cooling off period and lock-up period. Cooling off period is the period from which the investor has placed a purchase order for the bond. You can still cancel your order during this period. 

  2. Lock-up period is the two days or 48 hours prior to closure of crowdfunding. During this period, investors cannot cancel their purchase order, or make any further investment in the bond.

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