What happens if a deal I’ve invested into gets cancelled?

If the Deal Lead loses their allocation into a deal or receives notice that the deal won’t be moving ahead for another reason, they can cancel their deal without any extra charge to them. 

The Deal Lead will first inform you that the deal won’t be moving ahead, and will ask you to go to your account settings in Odin and add your bank details for the refund, in case you haven’t done so already.

The Deal Lead will then inform either their Customer Success representative or Odin’s Support team. Our team will then verify that all investors have up-to-date bank details recorded in Odin. If not, we will email you to ask that you share them with us.

Our team will then set up each individual wire for investor refunds, which Odin’s Finance team will then approve. Once each wire transfer has been made by Odin, we will then formally cancel the deal from the back-end.