Fee Structure
Table of Contents
Equity Crowdfunding Fee Structure
Steps | Fees |
---|---|
Apply to be placed on pitchIN business directory | No charges |
Apply to raise money | No charges |
Undergo initial due diligence and verification | No charges |
Accepted for full due diligence and hosting processing | RM1688 Administrative Charges |
Access to legal fundraising documents templates | No charges |
Project goes live | No charges |
Nominee structure to hold and manage shareholders | An amount to be paid annually subsequent to the end of Campaign Period based on the number of Investors managed. First year
Subsequent years
|
Use of escrow account | Free |
Project is successfully funded | Success Fees as follows:
|
Completion of documentation and transfer of funds | No charges |
Initial Exchange Offering Fee Structure
1. For Issuers raising funds less than RM10 million
Steps | Estimated Fees |
---|---|
Onboarding and preliminary KYC | RM 3,888 |
Whitepaper review and Due Diligence (Charged in accordance to milestones achieved)
| RM 25,888 |
Project goes live | No charges |
Token Fundraising/Subscription | 7% success fee |
2. For issuers raising funds between RM10 million to RM60 million
Steps | Estimated Fees |
---|---|
Onboarding and preliminary KYC | RM 10,888 |
Whitepaper review and Due Diligence (Charged in accordance to milestones achieved)
| RM 50,888 |
Project goes live | No charges |
Token Fundraising/Subscription | 6% success fee |
3. For issuers raising funds between RM60 million to RM100 million
Steps | Estimated Fees |
---|---|
Onboarding and preliminary KYC | RM 16,888 |
Whitepaper review and Due Diligence (Charged in accordance to milestones achieved)
| RM 100,888 |
Project goes live | No charges |
Token Fundraising/Subscription | 5% success fee |
Notes
- The fee structure above is for reference only and is subject to change, taking into considerations, deal complexity and amount of work required, success rate and market factors.
- pitchIN may appoint 3rd party independent advisors/service providers as part of the Due Diligence process, e.g. the appointment of a Security Auditor to conduct a Smart Contract Audit. Any additional fees incurred for the appointment are to be borne by the Issuers, which shall be communicated to the Issuers in advance.
- Legal charges may apply if an Issuer decides to make changes to legal templates. Companies are also free to use their own legal firms.
- Transfer and payment gateway charges may be charged by financial institutions in some cases.
- Any late payment of fees will result in late payment charges calculated based on 8% per annum on a daily rest basis.
IEO Investor Fees
Investors need not pay any fees to subscribe to IEO tokens.