Klaza Project – Image courtesy Rockhaven Resources Ltd.
Capiche provides issuers a fully-integrated secure web-based platform that brings the private placement process online. Capiche quickly and efficiently generates all required documentation and effectively coordinates interactions with investors and those referring investors to the financing. The platform guides the transaction to completion from setting the terms and preparing a closing agenda, to filing the report of exempt distribution.
Applicable securities laws and stock exchange policies are constantly changing and increasingly complex yet private placements continue to be completed using a paper-based manual process. As a result, significant time, expense and expertise are required to undertake and complete a private placement. Those that are undertaken, as a practical matter, remain open only to a limited number of accredited investors and those closely connected with the issuer. Until recently, the opportunity to purchase securities by way of private placement was largely limited to institutional investors and high-net-worth individuals. Recent changes in Canadian securities laws have expanded the circumstances in which ordinary investors can participate in such financings.
Issuers, investors and all other participants benefit from Capiche. The platform ensures that the private placement process is fully understood by all users and tailored to their circumstances. Everyone has full confidence that the private placement is effected in full compliance with securities laws and that confidential information remains confidential. More of the monies raised are available to the issuer for furthering corporate objectives and thereby increasing shareholder value.
REGISTER AS USER
Create your username and password to access Capiche
COMPLETE ISSUER PROFILE
Select issuer you represent and review, confirm and supplement pre-populated information relating to issuer to create issuer profile
SETUP PRIVATE PLACEMENT
Enter terms and other details of private placement including jurisdictions where securities will be offered and exemptions from prospectus requirement that subscribers may rely upon to create private placement
Establish Working Group
Enter the details of working group members and share administration responsibilities with one or more members as appropriate, which are then invited to register as user to access Capiche
SETTLE PRE-CLOSING DOCUMENTS
Review, settle and process Capiche-generated pre-closing documentation and attend to pre-closing tasks, including board approval, news release, stock exchange notice and form of subscription agreement
Launch Private Placement
Disseminate news release announcing offering and invite potential subscribers in news release, offering page on issuer’s website and e-mail sent by or on behalf of issuer, all of which have links for subscribing
Track status of subscriptions received through platform (subscriptions can also be entered manually by issuer) in real time and correspond with subscribers keeping them updated on status of closing
Close Private Placement
Review, settle and process Capiche-generated closing documentation and attend to closing tasks, including board approval, subscription agreements, treasury order and share certificates
Attend to Post-Closing Matters
Review, settle and process Capiche-generated post-closing documentation and attend to post-closing tasks, including news release announcing, stock exchange final filing, reports of exempt distribution and closing book