The Equivesto investment portal is operated by Equivesto Canada Inc., an Exempt Market Dealer. Equivesto Canada Inc. will provide advice about the suitability of the eligible security you may be considering purchasing.
The Equivesto investment portal is operated by Equivesto Canada Inc., an Exempt Market Dealer. Equivesto Canada Inc. will provide advice about the suitability of the eligible security you may be considering purchasing.
NOTE: You will need your Bank Account Number, Transit Number, and Institution Number to Invest.
THIS INVESTMENT IS AVAILABLE FOR ACCREDITED INVESTORS ONLY.
Fixed annual return: Class D Preference Shares have an annual dividend of 10% plus the current target Bank of Canada Overnight Rate (4.5% as of January 25, 2023) for a total return of 14.5% as of January 25, 2023.
Minimum Raise: $25,000 for 12,500 Class D Preference Shares at $2.00 per Preference Share.
Max Raise: $955,000 for 477,500 Class D Preference Shares at $2.00 per Preference Share.
Minimum investment amount: $10,000.00
Securities offered: Class D Preference Shares
Closings: This investment has monthly closings at the end of each month.
Conversion Rights: Class D Prefence Shares are convertible into Class CF Common Shares at any time at a rate of 3 Class CF Common Share for each Class D Preference Share converted.
Redemption Rights: Investors may redeem their Class D Preference Shares after 3 years at a price of $2.00 per share. The company has the option to redeem Class D Preference shares from investors at $2.00 a share at any time.
Please see 45-110 Offering Document, Articles of Amendment, and the Shareholder's Agreement for full details of rights associated with the Class D Preference Shares. You must create an account on Equivesto to view attached documents.
07/04/2023
Project launched
02/27/2023
ONE Development Offering Document Update
ONE Development has updated a term of their offering. The minimum raise target has been adjusted to $25,000. Pleae review the updated 45-110 Offering Document for more details.
Read More
FAQs
No Q&A have been posted for this campaign yet. Ask the project creator directly.