Section 708 of the Corporations Act 2001 (Cth) provides an exemption to companies from having to use a Disclosure Document when issuing or selling securities to certain types of investors – namely Sophisticated Investors.
Eligibility requires a qualified accountant to certify that a natural or legal person meets a prescribed net asset or gross income level a gross income of $250,000 or more per annum in each of the previous two years or net assets of at least $2.5 million. Regency Corporate is regularly presented with investment opportunities for certified Sophisticated Investors, including seed capital and equity placements.
If you meet the prescribed net asset and gross income test, please contact Regency Corporate or register your interest by completing the contact form on this page.
10 - 04 - 2019
Advising WestStar on its Private Placement of fully paid ordinary shares