EMD – So What?

By Welch Capital Partners on
May 30, 2023

Welch Capital Partners, via its wholly owned subsidiary, Welch Capital Partners Corporate Finance (“WCPCF”), recently received its Exempt Market Dealer (“EMD”) license. What exactly does this mean?

Our EMD license was granted by the Ontario Securities Commission (“OSC”) and allows us to “engage in the business of trading prospectus exempt securities, or any securities to qualified exempt market clients.”

In essence, WCPCF can now work with businesses that are looking to raise capital via the issuance of “securities” (common shares, preferred shares, convertible debt etc.) in the private market. We are not licensed to help raise capital in public markets. 

The exempt market has different aspects and target markets. WCPCF works with businesses that are looking for non-retail investors for capital. This means, when doing a capital raise, they are looking to bring in a handful (typically 1 to 5) of institutional type investors as opposed to many individual investors. 

If Company X was looking to raise $10M to help with a strategic acquisition, WCPCF would target two investors to each invest $5M as opposed to 1,000 investors each investing $10,000. To be certain, the EMD license would allow us to take the second approach, however we have made a strategic decision to only raise capital from funds, family offices and high net worth individuals. 

Please reach out to Connor McGarry at cmcgarry@welchcapitalpartners.com to learn more about our EMD and if we are the right partners to help with your capital raise.

Welch Capital Partners, via its wholly owned subsidiary, Welch Capital Partners Corporate Finance (“WCPCF”), recently received its Exempt Market Dealer (“EMD”) license. What exactly does this mean?

Our EMD license was granted by the Ontario Securities Commission (“OSC”) and allows us to “engage in the business of trading prospectus exempt securities, or any securities to qualified exempt market clients.”

In essence, WCPCF can now work with businesses that are looking to raise capital via the issuance of “securities” (common shares, preferred shares, convertible debt etc.) in the private market. We are not licensed to help raise capital in public markets. 

The exempt market has different aspects and target markets. WCPCF works with businesses that are looking for non-retail investors for capital. This means, when doing a capital raise, they are looking to bring in a handful (typically 1 to 5) of institutional type investors as opposed to many individual investors. 

If Company X was looking to raise $10M to help with a strategic acquisition, WCPCF would target two investors to each invest $5M as opposed to 1,000 investors each investing $10,000. To be certain, the EMD license would allow us to take the second approach, however we have made a strategic decision to only raise capital from funds, family offices and high net worth individuals. 

Please reach out to Connor McGarry at cmcgarry@welchcapitalpartners.com to learn more about our EMD and if we are the right partners to help with your capital raise.

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