LGST 126 Lecture Notes - Lecture 5: Initial Public Offering, Private Placement, Accredited Investor

• School: Capilano University
• Department: Legal Administrative Assistant
• Course: LGST 126
• Professor: Michael Molson

Document Summary

How do companies raise money: reporting (public) issuers can raise capital, these are applied to public companies, by public offering - using a prospectus to sell securities to the public using the facilities of a stock exchange. Every time you offer share to investor always have offer prospectus prospectus. Have to have the number of shares you want to sell on your. Cant sell unlimited number of shares and don"t list it on prospectus: by private placement of securities using exemptions from the registration and prospectus requirements to sell securities privately. Can only do this if want to sell shares. Why raise money by private placement: faster than a prospectus offering, prospectus offerings are very expensive the tsx advises that legal fees for a. Canadian company"s initial public offering on the tsx or tsx-v generally range from. ,000). annual basis and for the continuous disclosure requirements. Once listed there are additional legal and accounting fees required on an.