Clarification on Clay Community Equity Offering Status

Hey Clay Team, I invested in the Clay community equity offering, but on Republic, it is still saying "Committed" for the investment (i.e. it doesn't look like things have been finalized yet). Is this to be expected, or is there something wrong here?

4 comments

Channeled
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We appreciate your investment in our community equity offering. The "Committed" status on Republic is normal at this stage of the process. Our community equity offering was announced recently, and the investment process is still ongoing. The timeline for the offering indicates that applications closed on February 26, and all applicants will be notified about their application status and next steps on or before March 10. This suggests that the finalization of investments may take some time after the application period closes. Can you confirm if you've received any communication from us or Republic regarding the next steps for your investment since you made your commitment?
Source: Clay announces a community equity offering to allow supporters to become co-owners - The GTM with Clay Blog
James C.
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This answer doesn't really answer my question (e.g. it talks about the 2/26 and 3/10 dates, when those are long past). If a human could jump in and provide some insight here, that would help
Smit V.
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Hi James, thank you for reaching out! I created a new thread and looped in the republic team there. Can you confirm if you can see the chain? Let me know if I can help you with anything else :)
James C.
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I can see it and everything looks good 👍. Thank you for the fast turnaround on this Smit V.