What is a cross-border listing?
Cross-border listings are exciting investment opportunities that occur when a United States-based company wants to expand their offering into Canada. This can happen for a number of reasons including wanting to provide Canadian investors a chance to join them on their funding journey, as well as wanting to grow their reach into other countries. Companies will typically be listed on a US-based funding portal such as StartEngine or Republic when they come to FrontFundr. This type of offering is where investors will typically see Offering Memorandum Wrappers which provide all of the same information as the US document as well as the required disclosures to be regulatory compliant in Canada. Some recent cross-border listings on FrontFundr include Knightscope, Boxabl, and WiGL.
Other Keys:
FrontFundr still conducts its own due diligence on these companies, regardless of their association with other crowdfunding platforms
American residents cannot invest in opportunities on FrontFundr at the moment
Preparation timelines for cross-border listings are often extended compared to traditional Canadian campaigns due to the requirement to adhere to Canadian securities legislation