Jared berry selling shares to his buds 3. Existing security holder
The existing security holder prospectus exemption allows public companies listed on certain exchanges to sell securities to their existing investors.
Investors who already hold the security being offered by a company can invest up to $15,000 in a 12-month period using this exemption. However, the investment limit of $15,000 in a 12-month period may be exceeded if the investor has received advice from an investment dealer that it is suitable for the investor.
4. Family, friends and business associates
The family, friends and business associates prospectus exemption allows companies to sell securities to the owners, offices and directors of the business or most of their immediate family members, their close business associates, or their close personal friends.
There are no limits on how much investors can invest under the exemption.
WARNING
Some scammers pitch fraudulent investments as “exempt” securities. Learn more about investment scams, and contact the OSC to check before you invest.