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April 08 2020
In line with the collective endeavors to combat and curb the spread of the rampant Corona-virus in Iran, the SEO has recently amended the Regulations on Crowd funding in the capital market. The amendment relates to the expansion of crowdfunding areas to donation as well as equity-based model. Based on this recent amendment, donators have two options: 1- donate the principle or, 2- donate the interests of investment. The receipt of donations is identified as tradeable securities with the ticker symbols of Corona 1 and 2. The face value of these securities is 10,000 IR, with a minimum purchase of 10,000 IR and an infinite maximum purchase.