OSC OPENS NEW INVESTMENT PATHS FOR CBVs

In May, the Ontario Securities Commission (OSC) announced a set of initiatives it is testing to support early-stage capital raising for Ontario businesses. The initiatives include a pilot, the Self-Certified Investor Prospectus Exemption, that permits Ontario investors with qualifying education or work experience to invest in private Ontario businesses, subject to certain conditions. CBV designation holders are eligible to participate in this initiative and can invest up to $30,000 in aggregate during the calendar year, even if they do not meet the financial thresholds to qualify as “accredited investors”.

To make use of this prospectus exemption, investors must certify that they meet at least one qualifying criteria and complete a risk acknowledgment form confirming they understand the risks of investing. You may wish to connect with your firm’s/dealer’s compliance department to ensure you understand any restrictions or limitations that may exist at the firm/dealer level prior to proceeding with any investments under this prospectus exemption.

You can learn more about the OSC initiatives here OSC TestLab: Early-stage Capital and Resources for Investors. 

You can also share ideas or feedback with the OSC on capital raising for startups and small to medium-sized businesses in Ontario here.

NOMINATIONS OPEN FOR HALL OF HONOURS

FCBV Designation

Granting of the Fellow designation is the highest honour awarded by CBV Institute. The FCBV recognizes Members who have demonstrated the following achievements:

• Provided distinguished service to the business valuation profession; and
• Significantly elevated recognition of the business valuation profession.

Access the nomination form...

Nomination deadline: December 1, 2024 

Life Member Designation

The Life Member designation is granted to Members who have attained eminence in the business valuation profession and have retired from active practice. 

Access the nomination form...

Nomination deadline: December 1, 2024