The exempt market provides companies with the opportunity to raise capital without the comprehensive requirements of the public market by using prospectus exemptions. In the public market, companies raise capital through a prospectus, enabling their securities to trade on public exchanges. The exempt market, however, allows companies to raise funds under certain exemptions, which can be facilitated by funding portals like Togetherise Inc.
These exemptions are designed to support early-stage and growth companies in securing the capital needed for expansion while avoiding the high costs and time commitment associated with public offerings. The exempt market is regulated by National Instrument 45-110 (NI 45-110), as well as other related regulations, ensuring that proper disclosures and standards are in place to protect investors.
