Whilst we are here for the long-term, we are required by law to provide an answer to this question.
As a regulated financial institution, we are required to put in place arrangements in the event Bambucorn ceases operations.
For investors on the platform, we have put in place arrangements to ensure that issuers continue to satisfy any obligations that they may have and that the issuer’s shareholders’ register accurately reflects the number of shares purchased on the platform.
For issuers, we may appoint a third-party to ensure that the interest of shareholders is considered when making a decision. Furthermore, issuers shall be required to provide semi-annual progress reports to their investors, the template of which shall be shared.
We do not expect there to be any material implications on experts in the event Bambucorn ceases operations.