This feature is handy when you do not want to oversubscribe on a capital raise. When enabled the system will automatically stop taking additional investor commitments once the target amount is reached.

Let's take a look at how we can set this up.

Step 1.) Open up your capital raise settings

Step 2.) Make sure that your target amount is up to date. Once you have collected enough commitments to meet this amount, the system will automatically close the capital raise.

Step 3.) Now that you have your target amount ready to go, simply check the box to Automatically close capital raise when target amount is raised and click save.

Step 4.) Don't forget to click Save Changes at the bottom of the page :)

Let's take a look at what the investors see...

Example 1: The investor has tried to commit more than what is available in the capital raise.

Example 2: The investor has tried to make a commitment after the capital raise's target goal has been met.