Kleiner Device Labs Is Now Oversubscribed

This article is brought to you by Equifund Technologies, LLC.

Share on facebook
Share on twitter
Share on linkedin

Due to high demand, the Kleiner Device Labs offering is now oversubscribed.

At the time of writing, they have approximately $1,075,000 in capital commitments.

What happens when a deal is oversubscribed? Can I still invest?

If you’ve ever seen the word “oversubscribed” on a Pre-IPO deal, here’s what this means for you as a potential investor…

First, let’s talk about the word “subscribed.”

Whenever you are going through the investment process, after you enter in all of your information, you will be asked to sign something called the “Subscription Agreement.”

This document is a formal agreement between a company and an investor to buy shares of a company at an agreed-upon price.

When you – the investor – sign and submit your Subscription Agreement, this means you have made a Capital Commitment.

However, just because you have requested an allocation of shares from the company does not mean you will get them.

Why? Because in some cases, there is more demand for shares than there is supply.

When this happens, the offer is now “oversubscribed.”

So how does the company decide who gets shares and who doesn’t? They have four options…

  • Decline – They can decline to take investments from certain investors…
  • Reduce – They can reduce the allotment of other investors to make sure everyone gets in the round…
  • Jump Ball – Whoever gets their money in first, gets the shares they requested…
  • Increase – They can sell more equity than originally planned in order to fill everyone’s orders (but still within the limits of the exemption they are using to raise capital).

This means if you see an offer that is oversubscribed, it doesn’t mean the offer is closed…

It just means there is more demand than supply.

If you’re interested in investing in the company, there’s still a chance you can get shares… as long as you sign that Subscription Agreement and get your payment sent ASAP!

With this in mind, you’ll want to make sure you use a payment method that will allow for your funds to be remitted and cleared the fastest.

Here’s a list of the hold times for the most common payment methods…

  • Wires — 24 hours (one business day) following receipt of funds;
  • Credit and Debit Cards – 24 hours (one business day) following receipt of funds.
  • ACH — 10 days following receipt of funds;
  • Checks — 10 days following deposit of funds to the Escrow Account;

Your early-stage experts,


Like this article? Share it with a friend:

Share on facebook
Share on twitter
Share on linkedin

This article is not an Equifund Crowd Funding Portal Inc communication. It is brought to you by Equifund Technologies, LLC.

More Articles:

Don't make another private market investment without reading this...

The 5 Mistakes

investors make that crush returns

Download this free report now:

Just enter your name & email to access this report for free.

By submitting your email address you will receive access to this report and a free subscription to Equifund’s private investment newsletter. You can unsubscribe at any time and read more about our privacy policy here.

More Articles:


Kleiner Device Labs

Investment Highlights:

  • 1

    Proprietary devices that could revolutionize spinal surgery and greatly improve success rates, reduce pain, and lower costs.

  • 2

    Over 20 patents have been issued to protect the company's technologies.

  • 3

    Just received FDA clearance for their next-generation KG2 spinal fusion technology.

Pre-Investment Agreement

The next 8 slides will allow us to process your investment. Note that these next steps are a legal requirement – Thank you for your patience and financial support of this investment opportunity. Jordan Gillissie – CEO

Before we execute the investment, it’s important for us to make sure you’re comfortable and knowledgeable in early stage investing. We want to make sure that you:

    • Received and have reviewed the education materials sent to you.
    • UNDERSTAND; that there are restrictions on your ability to cancel your investment commitment and obtain a return of your investment.
    • KNOW; It may be difficult to resell securities acquired under Regulation Crowdfunding.
    • AGREE; investing in securities offered and sold in reliance on section 4(a)(6) of the Securities Act involves risk. Investors should not invest any funds unless he or she can afford to lose the entire amount of his or her investment. Your investment may not work out, and you must be in a financial condition to bear the loss.
  • Hidden
  • Hidden
  • Hidden
  • Hidden

We are currently upgrading our system. If you click submit and the process does not continue in a few seconds, please refresh this page manually, and click Invest Now again and you should be moved on to the next step.

Complete Your Registration

By verifying your account you agree with our terms of use, privacy policy and pre-dispute arbitration agreement. Please complete the registration process by clicking the link below:

Verify Your Email

Please wait a few minutes while we create your account. An email will be sent to you shortly to confirm your admittance. Should the email be delivered to your spam or promotions folder, we recommend you move it to your inbox and mark Equifund as a safe sender.

If you have not received the email in 5 minutes, please click here to have it resent.

Questions? Our customer service team is always here to help – 1-866-338-3004

Enter your email address to get instant access to the video: