Key investment information sheet template

The key investment information sheet template for project owners (CNPF Decision No. 50/8/2024, p. 29, Annex No. 1). The funding application is filed through the platform together with the completed sheet (p. 31). Write clearly and briefly, without technical terms where everyday words will do (p. 30). The sheet takes at most six A4 pages in each language.

The platform itself prints the header, both warnings, the figures of the offer and of the loan, the payment schedule, the credit risk category and the list of documents. The project owner writes the sections marked "the owner writes" below.

Header

• Title: "Key Investment Information Sheet".
• Crowdfunding offer: the project's name.
• Offer identifier: the operator's state identification number (IDNO) followed by eight digits given to the offer. It does not change when the sheet is translated or updated (pp. 33–35).

Warnings

Printed in a box before Part A, unchanged:

This crowdfunding offer has been neither verified nor approved by the National Commission for Financial Markets of the Republic of Moldova (CNPF). The appropriateness of your experience and knowledge have not necessarily been assessed before you were given access to this investment. By making this investment, you assume full risk of taking this investment, including the risk of partial or entire loss of the money invested.

Investment in this crowdfunding project entails risks, including the risk of partial or entire loss of the money invested. Your investment is not covered by the deposit guarantee schemes or by investor compensation schemes. You may not receive any return on your investment. This is not a savings product and we advise you not to invest more than 10% of your net worth in crowdfunding projects. You may not be able to sell the investment instruments when you wish. If you are able to sell them, you may nonetheless suffer losses.

Part A — Information about the project owner and the crowdfunding project

1. Identity, legal form, ownership, management and contact details: the owner writes.
2. The responsibility statement, printed unchanged with the owner's name:

   The project owner declares that, to the best of its knowledge, no information has been omitted or is materially misleading or inaccurate. The project owner is responsible for the preparation of this key investment information sheet.

3. Main activities, products and services, a reference to the latest financial statements: the owner writes.
4. The project, its purpose and the use of funds: the owner writes.

Part B — Main features of the crowdfunding process and conditions for borrowing funds

• The platform prints: the funding threshold and the maximum amount, the minimum investment, the cap for a non-sophisticated investor, the opening date and the deadline, the funding rule, and what happens if the threshold is not reached (reserved funds are released to investors in full).
• Process and conditions (the steps, the dates, what happens to the money until the payout): the owner writes.

Part C — Risk factors

• The platform prints: the credit risk category, the probability of default within 12 months, the date of the assessment, whether the financial statements are audited, and a link to the method.
• The main risks of this project, not general statements about investing (project, sector, default, liquidity and platform risks): the owner writes. Describing a risk does not limit the owner's liability (p. 41).

Part D — Information related to the offer of transferable securities

For a loan: "not applicable". For shares the platform prints the share price, the pre-money valuation, the number of shares and the stake at the maximum amount, the class and the voting rights; the owner writes the shares offered and their rights, the restrictions on transfer and the exit opportunities.

Part E — Special purpose vehicle

• The platform prints: the legal name, the country, the registration number and, for a loan, the collateral agent.
• Information about the company the investment goes through: the owner writes.

Part F — Investor rights

The investors' main rights and how to exercise them: the owner writes.

Part G — Disclosures related to the loan

For shares: "not applicable". For a loan the platform prints the rate, the term, the kind of schedule, the day count, the collateral and the loan to value, the late penalty, when the loan is in default, the valuation, insurance and registration of the pledge, then the payment schedule. The owner writes: the nature, duration and terms of the loan; the collateral and guarantees; what happens on late payment and default, and how the money is recovered.

Part H — Fees, information and legal redress

• The platform prints: the investor's and the owner's fees, the withholding tax where there is one, and the list of the offer's documents.
• The investor's fees and costs, where to obtain more information, how and where to complain, with the contact for complaints: the owner writes together with the platform.

Part I — Individual portfolio management of loans

Not applicable: the platform does not manage portfolios.