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I want to invest in Liquid Piston, I'm from Canada. Why are Canadians not allowed to invest amounts under $50K

asked by Glenn C. on 10/5/20

1 Answer

Hi Glenn! Thank you for contacting StartEngine!

While we do not market in Canada or solicit investments from Canada, we are aware that regulators from certain Canadian provinces have raised questions with respect to sales to Canadian investors, and are taking the view that merely accepting money from Canadian investors is a transaction that they have jurisdiction over, and that such offerings have to comply with the Canadian equivalent of registration of the offering, or find an available exemption. In light of this position, in order to protect the companies who post their offering with us, we are not currently accepting investments from Canadian investors.

We hope that eventually all the Canadian provinces will adopt laws or regulations to make it as easy for US companies to offer into Canada as it is for Canadian companies to make offerings to US investors. Please note Canadians cannot invest in any amount at the moment. There is no minimum or maximum.

Please feel free to reach out to us at any time via contact@startengine.com!

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