📉 Why Can’t I Invest? Understanding "Deal Closed" Status
If you’re seeing that a company’s deal is “Closed” or unavailable for investment, it means the offering is no longer accepting new investors. This can happen for a few reasons — and it’s important to understand how equity crowdfunding deals work.
🚫 What “Deal Closed” Means
Each investment opportunity on DealMaker is a private securities offering made available for a limited time. Once the company has:
Reached its fundraising goal,
Reached the regulatory deadline, or
Chosen to close the offering early,
the deal is no longer open to new investors. You may see a “Deal Closed” banner or messaging on the offering page.
⚠️ If a deal is closed, no additional shares are available for purchase.
📘 Why You Can’t Invest in a Closed Offering
Unlike publicly traded stocks that are available year-round on stock exchanges like NASDAQ or NYSE, crowdfunding offerings operate in the private market and are only available during a specific window.
Every offering has:
A limited offering period (as determined by the company)
A maximum raise amount (e.g., $1M, $5M, or $75M depending on the regulatory exemption)
Once that window closes or funding cap is reached, the company is not allowed to accept new investments.
🔄 Can I Invest Later?
If the company opens a new round in the future, it will be listed as a new deal on DealMaker. However:
There is no guarantee that the company will open another offering.
Investors cannot purchase shares once the round is closed, unless a new raise is made available by the issuer.
🧠 Learn More About Private Market Offerings
If you’re new to equity crowdfunding or wondering how these investment rounds work, check out our Crowdfunding 101 article.
You’ll learn about:
How equity crowdfunding works
What “Reg CF” and “Reg A+” mean
Why these offerings are limited in time and amount
Differences between public vs. private market investing
💡 Tip: Stay Updated
To avoid missing future deals:
Follow your favorite companies for updates
Sign up for email alerts when new offerings go live
Bookmark our active deals page
If you believe you’re seeing this message in error, or have questions about a specific offering, contact our support team.