Form 45-108F3
Confirmation of Investment Limits
Instructions: This form must be completed by the purchaser before the purchaser enters into an agreement to purchase securities under the exemption in Multilateral Instrument 45-108 Crowdfunding (the crowdfunding exemption) in Ontario.
How you qualify to buy securities under the crowdfunding exemption: Checkmark the statement under A, B or C that applies to you. You may checkmark more than one statement. If you qualify under B or C, complete the confirmation of investment limits in the relevant section.
A. Permitted Client |
You are a permitted client because: □ You are an individual who beneficially owns financial assets, as defined in section 1.1 of National Instrument 45-106 Prospectus Exemptions, having an aggregate realizable value that, before taxes but net of any related liabilities, exceeds $5 million. □ Other - you are a person or company that otherwise falls within the definition of a permitted client in section 1.1 of Part 1 in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. Please specify the relevant category: ____. |
B. Accredited Investor |
You are an accredited investor because (check all that apply): □ Your net income before taxes was more than $200,000 in each of the 2 most recent calendar years and you expect it to be more than $200,000 in this calendar year. (You can find your net income before taxes on your personal income tax return.) □ Your net income before taxes combined with your spouse’s was more than $300,000 in each of the 2 most recent calendar years and you expect your combined net income before taxes to be more than $300,000 in the current calendar year. □ Either alone or with your spouse, you own more than $1 million in cash and securities, after subtracting any debt related to the cash and securities. □ Either alone or with your spouse, you have net assets worth more than $5 million. (Your net assets are your total assets (including real estate) minus your total debt.) □ Other - you are a person or company that otherwise falls within the definition of an accredited investor as defined in section 1.1 of National Instrument 45-106 Prospectus Exemptions and in subsection 73.3(1) of the Securities Act, R.S.O. 1990 c. S.5. Please specify the relevant category: ____. Confirmation (if you are an accredited investor but not a permitted client) □ I confirm that, after taking into account my investment of $__________ today in this issuer: -- I have not invested more than $25,000 in a single crowdfunding investment, and -- I have not invested more than $50,000 in all of the crowdfunding investments I have made in this calendar year. |
C. Retail Investor |
You are a retail investor if none of the statements in the previous two sections apply to you. Confirmation (if you are a retail investor) □ I confirm that, after taking into account my investment of $__________ today in this issuer: -- I have not invested more than $2,500 in a single crowdfunding investment, and -- I have not invested more than $10,000 in all of the crowdfunding investments I have made in this calendar year. |
Purchaser acknowledgement |
First and last name: |
Date: |
Electronic signature: By clicking the ‘I confirm’ button, I acknowledge that I am signing this form electronically and agree that this is the legal equivalent of my handwritten signature. I will not at any time in the future claim that my electronic signature is not legally binding. The date of my electronic signature is the same as my acknowledgement. |
Funding portal information |
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This section must only be completed if an investor has received advice about this investment from a funding portal registered in the category of an investment dealer or an exempt market dealer. |
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First and last name of registered individual: |
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Telephone: |
Email: |
Name of firm: |
Registration Category: |