Infinex removes the $2,500 cap in its public offering.

Infinex acknowledged the issues with the sales mechanism and announced three major adjustments: removing the maximum investment limit of $2,500 per person, changing the allocation method to a fair maximum-minimum system, and retaining priority allocation rights for sponsors.

The announcement on January 5th stated that the changes aim to reduce inconsistencies in the allocation and handling of excess contributions, and to clarify the priority Vai of donor groups after the sale concludes.

Infinex changes investment limits and allocation methods.

Infinex will remove the $2,500 maximum limit per user and switch the allocation mechanism from random to a fair maximum-minimum.

With the first change, users are no longer capped at $2,500 per person and can decide their own investment amount when participating in the sale. Infinex stated that this is part of a package of adjustments after acknowledging problems with the sale mechanism.

With the second change, the allocation will ensure that all participants receive a fair distribution until the supply runs out. Once the supply is depleted, any excess contributions will be refunded, preventing the practice of holding onto funds when there are no more allocated items.

Sponsor priority and next steps

Sponsors retain priority in allocation, but the specific method of prioritization will be decided after the sale concludes.

Infinex confirms that this priority right has not been canceled in the recently announced adjustments. However, the method of calculating or applying the priority has not been finalized at the time of this announcement.

The benchmark for determining the priority method is after the sales activity ends, at which point Infinex will provide a specific priority plan for the sponsoring group in the allocation process.