Venture Issuers Are Reminded To Consider Recent Regulatory Developments

The past year has seen a number of regulatory developments impacting venture issuers.¹ Recognizing the challenges faced by smaller public issuers, securities regulatory authorities have introduced new measures to simplify disclosure requirements and regulatory compliance while also introducing new prospectus exemptions to assist with capital raising.

For venture issuers with financial years ending December 31, the upcoming 2016 proxy season and first quarter financial filings will mark the first time that they encounter some of these simplified disclosure options now available to them. We hope that this bulletin will serve as a timely reminder of the new streamlined disclosure requirements and capital raising options which are of interest to venture issuers.