FIGURE 2: GRASSROOTS FTS TIMELINE
Jan. 1, 2025
Subscription Agreement entered into during 2025
Deadline to pay for FTS Effective date of CEE renunciation
Mar 31, 2026
Dec. 31, 2026
Dec. 31, 2025
Deadline to renounce CEE
Period to incur “grassroots” CEE
Period to renounce CEE