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Fundraising

How Long Are Non-Binding PACTS Effective, Considering No Set Timing?

Asked by:
Community Member
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May 03, 2023
How long are the PACTS good for? They are non-binding letters of intent and there is no set timing. As with most things ‘time is the enemy of all deals’
1 answer
Mike Suprovici
Accepted Answer
May 03, 2023
PACTs have ~6 months effective window. They are non-binding letters of intent, and there is no set timing. As with most things, ‘time is the enemy of all deals’

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