Turkish crowdfunding combines a regulated campaign process with private-law relationships among the platform, fundraising party and investors. This working paper distinguishes the exemptions in Capital Markets Law No. 6362 from the continuing obligations in Communiqué III-35/A.2. It separates application from company formation and issuance, information-form approval from signature liability, general pre-emptive-right rules from the special voting regime for dematerialised funded companies, and oversight in equity-based crowdfunding from oversight in debt-based crowdfunding. I develop the contractual analysis presented in my doctoral thesis, in which I characterise the platform agreement as a mixed innominate contract. The three-party structure is used as an analytical framework for separate relationships, without assuming that they form one legal contract.
Keywords: Crowdfunding; Platform agreement; Mixed contract; Information-form liability; Pre-emptive rights; Turkish private law
DOI: https://doi.org/10.5281/zenodo.23895973
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Licensed under CC BY 4.0. This working paper provides scholarly and general information; it is not legal advice on a particular transaction.