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Why am I getting an error that my offering does not have enough shares?

Each offering has a maximum amount of shares or units available for investor subscription. This is calculated by the Max Amount divided by the Unit Amount. Shares are reserved when a trade is created, whether funded or not.

If an attempt is made to create a trade (createTrade API endpoint) committing more units than available, you will receive the following error, 

  • "Error 163: Offer doesn't have enough shares."

Shares are reserved for all trades in the following Trade Statuses:

  • Created
  • Funded
  • Settled
  • Returned

Trades in the following Trade Statuses do not have reserved shares and do not count against the remaining total:

  • Canceled
  • Unwind Pending
  • Unwind Settled