Sentences with phrase «prospectus requirements»
"Prospectus requirements" refers to the specific information and documents that must be included when presenting an investment opportunity or new business venture to potential investors. It is a set of rules and guidelines that ensure full disclosure of relevant details, such as financial information, risks, objectives, and strategies, to help investors make informed decisions. Full definition
Under an IPO, companies need to be listed on a domestic stock exchange and, to do so, are required to fulfil prospectus requirements including disclosure of their accounts.
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Adoption of BC Instrument 72 -505 Exemption from prospectus requirement for crowdfunding distributions to purchasers outside British Columbia
One of the purposes of the anti-avoidance clause in rule 72 - 503 is to make it clear that a company can not get around the Ontario prospectus requirements by selling shares to a foreign investor and then having the foreign investor immediately reselling those shares back into Ontario, either privately or through the TSX or another stock exchange.
These steps include: efforts to simplify prospectus requirements for retail vanilla bonds and ease the personal liability of company directors; improving market transparency through the RBA's publication of new measures of corporate bond yields; the lengthening of the government bond curve; and the listing of certain fixed - income securities on the Australian Securities Exchange.
Consequently, ICOs / ITOs will be subject to prospectus or exemption from prospectus requirements and ancillary or supporting businesses may similarly be subject to registration requirements.
The prospectus requirement will not apply to a distribution of securities to a person or company outside Canada if,
Effective May 14, 2015, regulators in NS, NB, Manitoba, Québec, Saskatchewan and BC implemented a start - up crowdfunding exemption relieving qualifying companies from the prospectus requirement.
The implication of this legislated definition means that every OTC derivative transaction entered into by an Alberta derivatives market participant would be subject to both the Act dealer registration and prospectus requirements but for the ASC Blanket Order 91 - 505.
The four exemptions in Rule 72 - 503 are not available with respect to any transaction or series of transactions that is part of a plan or scheme to avoid the prospectus requirements in connection with a distribution to a person or company in Canada.
Since the early 1980s, the OSC has generally taken the position that the prospectus requirements of Ontario securities law do not apply to a distribution of securities outside of Canada, if the securities stay outside Ontario and the distribution is made in compliance with the laws of the foreign country.
The document also adds that «an Offer may nevertheless be exempt from the Prospectus Requirements where... the Offer is a small of securities of an entity, or units in a CIS, that does not exceed S5 $ million...; the Offer is a private placement off made to no more than 50 persons...; the Offer is made to institutional investors only; or the offer is made to accredited investors.»