Fixed Price Issuances on iSTOX consist of two phases: Subscription and Final Offering. The price per token is set ahead of time by the issuer.
Your first opportunity to invest in a Fixed Price Issuance is during its Subscription phase. Fixed price Subscription phases are open to all investors on the iSTOX platform. Orders may be fully or partially filled (or not filled at all) based on a variety of factors, including overall token supply, the amount of your order and the amount of other orders placed. Orders placed during Subscription phase will be filled once the phase ends.
Final Offering phase is an optional round done at the issuer’s discretion. This phase is your last chance to invest in a security before it is listed for secondary trading. Orders placed during the Final Offering phase will be filled immediately on a first come, first served basis.