Timely Disclosure

Timely Disclosure

Updates and Commentary on Current issues in M&A, Corporate Finance and Capital Markets

Tag Archives: start-up

British Columbia and Alberta Start-Up Crowdfunding Exemption Expanded

Posted in Crowdfunding
On September 21, 2017, following the results of a stakeholder survey conducted over the course of the year to date, the British Columbia Securities Commission (BCSC) announced changes to the existing equity crowdfunding rules found in British Columbia Instrument 45-535 – Start-up Crowdfunding Registration and Prospectus Exemptions (BCI 45-535) to address two of the most… Continue Reading

Certain Canadian Securities Regulators to Adopt Start-Up Crowdfunding Exemptions

Posted in Corporate Finance, Crowdfunding, Securities Regulatory Authorities
In recent years, crowdfunding has proven an exceptionally popular and efficient means by which individuals and companies make use of the internet to attract investors for a variety of purposes. The traditional model generally involves a large number of individuals contributing small sums of money to finance specific ideas or projects. Increasingly, however, equity crowdfunding… Continue Reading

Equity Crowdfunding – BCSC Requests Comments on Possible Start-Up Crowdfunding Exemption

Posted in Crowdfunding, Law & Enforcement, Securities Regulatory Authorities
The British Columbia Securities Commission (BCSC) has issued a notice dated March 20, 2014 requesting comments on whether the BCSC should consider adopting an exemption which would allow equity financings of small amounts raised from many individuals (as a form of Crowdfunding) through online portals (Portals) to be exempt from the prospectus requirements.  The notice… Continue Reading