What is the offer period?

Under the law, your company’s CSF offer can be open for a maximum of three months, or a shorter period specified in the CSF offer document. The CSF offer document must specify the period or date to which your company expects the offer to remain open.

The offer period cannot be extended for any reason, including if the offer document is found to be defective and a replacement or supplementary offer document is provided to investors. This means that a supplementary or replacement offer document cannot be used to vary the offer period or closing date.

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