When you invest in a company on Republic, whether your investment will actually happen depends on whether the startup's campaign on Republic succeeds.
For the campaign to be considered successful, the startup needs to
- raise their minimum funding goal before deadline and
- not withdraw their campaign for any other reason (legally, they can cancel their round any time during the campaign).
After the campaign successfully ends, the finalization process begins. It involves filing the paperwork, processing outstanding investor payments, accounting work, and dispersing funds to the company from the escrow. Depending on the size of the round, this can take weeks and, sometimes, months. With thousands of investors, this is a lengthy process. The Republic operations team works diligently to ensure investments are finalized as soon as possible.
When every investor and their payment is accounted for, the round is closed and securities are generated, signed, and sent to the investors.
When you receive your signed security, your investment is considered finalized.