Investor Information
General Information
This page provides general information about investment classifications under the Corporations Act 2001 (Cth), including the categories of sophisticated and professional investors.
The original information referred to Medicinal Organic Cannabis Australia (MOCA) Pty Ltd and invited eligible investors to consider participating in the company's expansion plans. This website does not make an offer or invitation to invest in MOCA or any other company.
Sophisticated and Professional Investor Categories
Under sections 708(8) and 708(11) of the Corporations Act 2001 (Cth), certain offers of securities may be made without a disclosure document where the relevant legal requirements are satisfied.
The original material identified the following financial thresholds and qualifications:
Sophisticated investors
Net assets of at least AUD $2.5 million; or
Gross income of at least AUD $250,000 per year in each of the previous two financial years.
Professional investors
Management of funds of at least AUD $10 million; or
Holding an Australian Financial Services Licence.
These criteria are reproduced as general information from the original material. Investor classifications and eligibility requirements must be assessed against the current legislation and the circumstances of each individual or entity.
Investor Certificates and Documentation
The original material referred to a Sophisticated Investor Certificate and an application process for prospective investors.
No investment application, certificate collection or investor registration service is provided through this page.
Important Information
Investor classifications under the Corporations Act 2001 (Cth) are subject to specific legal requirements. Meeting a financial threshold does not, by itself, establish eligibility for every investment offer or exemption.
Anyone considering an investment in a privately held company should obtain independent legal and financial advice and review the relevant company information and investment documentation.
This page is provided for general educational and industry information only. It is not an offer, invitation or recommendation to acquire securities, and it does not constitute financial, legal or investment advice.