Maximum Raise

The maximum raise refers to the upper limit on how much capital a Creator can raise through a Channel Revenue Token (CRT) offering conducted under SEC Regulation Crowdfunding (Regulation CF). As of current regulations, issuers may raise up to $5 million in a 12-month period through Regulation CF offerings on a registered funding portal such as GigaStar Market.

This cap is set by the Securities and Exchange Commission (SEC) and applies to the total amount raised across all Regulation CF offerings by the same issuer within a rolling 12-month window. It is designed to balance the ability of smaller issuers to access capital markets while maintaining appropriate Investor protections.

For Creators considering a CRT offering, the maximum raise determines the ceiling for their fundraising goals. The actual amount a Creator seeks to raise—their funding goal—may be significantly less than the $5 million maximum, depending on their channel size, revenue history, and capital needs.

Investors should understand that the maximum raise amount is a regulatory limit, not a target or guarantee. A Creator's offering may close at any amount between the stated minimum and maximum. If a Creator does not reach their minimum funding goal by the offering deadline, all Investor funds are returned.

The $5 million cap has been adjusted over time by the SEC. It was raised from the original $1.07 million limit to the current $5 million as part of regulatory updates designed to make Regulation CF more accessible. Any future changes to this limit could affect how CRT offerings are structured on GigaStar Market.