Private placement subscriptions

Subscription software for exempt market trades

Private placements fail operationally when the subscription package is a pile of PDFs and the funding status lives in someone’s inbox. Exempt Market Connect treats each subscription as a guided trade: suitability, compliance checklist, electronic signatures, payment instructions, and status updates share one record.

Investors can self-serve an invest flow from the branded investor portal, or dealing representatives can create trades on their behalf. Either path lands in the same pipeline operations and compliance can supervise.

From offering to invest intent

Subscriptions start from offerings published in the deal marketplace. Dealers can list equity, debt, hybrid, fund, and revenue-share structures with terms, data rooms, raise tracking, waitlists, and accredited-only controls. CAD and USD pricing support helps multi-currency books.

When an investor is ready — or a DR initiates on their behalf — the trade inherits the offering context so subscription paperwork, checklists, and funding instructions stay connected to the raise. Offering capabilities are summarized under features → offerings.

Suitability questions

Each trade can capture suitability inputs so dealing representatives and compliance officers see how the proposed subscription relates to the investor’s profile. Suitability is presented as part of the trade workflow rather than a separate offline questionnaire that may or may not get filed.

Profile context from KYC onboarding — including investing profile and accreditation classification — remains available on the client record while the subscription proceeds.

Compliance checklist

Before signatures and funding, dealers often need a structured checklist. Exempt Market Connect supports compliance checklist completion on the trade, including common exempt-market checkpoints such as:

• Exemption analysis support
• AML-related checkpoints
• Senior-investor considerations where applicable

Checklist forms can be configured through the form builder so firm process is reflected in the software rather than in ad-hoc Word templates. Configuration tools are covered on dealer compliance tools.

Multi-party e-sign routing

Subscription packages typically need more than one signature. Exempt Market Connect routes electronic signatures among investor, dealing representative, and CCO participants via DocuSign or DocuSeal.

Because signing is tied to the trade record, teams can answer “who still needs to sign?” without reconstructing a thread. Completed packages remain available in the document vault alongside KYC materials and confirmations.

Trade status: waitlist → reserved → paid → closed

Status visibility is one of the highest-value improvements over email. Trades progress through a clear lifecycle:

1. Waitlist — interest captured when capacity or readiness is not yet open
2. Reserved — allocation/intent reserved in the pipeline
3. Paid — funding confirmed against the selected payment path
4. Closed — subscription completed and ready for portfolio/commission outcomes

Raise tracking on the offering benefits from the same closed and committed activity, giving issuers and dealers a shared view of progress.

Funding methods

Capital must move as reliably as signatures. Supported funding paths include:

• Wire
• EFT
• Cheque
• Registered account paths
• FinConnect

Payment instructions and settlement tracking stay on the trade so operations can confirm when funds arrive and advance the status to paid and closed. Trade confirmations help communicate outcomes back to participants.

End-to-end subscription workflow

1. Investor completes KYC (or returns as an existing client).
2. Investor browses an offering or a DR proposes a trade.
3. Suitability questions and compliance checklist are completed.
4. Subscription package is routed for multi-party e-sign.
5. Funding instructions are issued for the selected method.
6. Trade moves reserved → paid → closed as signatures and funds clear.
7. Documents, confirmations, portfolio holdings, and commission outcomes update from the closed activity.

That is the operational core of private placement subscriptions inside Exempt Market Connect — and a key reason firms evaluate dedicated exempt market dealer software instead of stitching tools together.

Important boundaries

The platform provides workflow technology. Suitability determinations, exemption reliance, and closing decisions remain the responsibility of the registered dealer and its registered individuals. Exempt Market Connect Inc. is not a registered dealer and does not provide investment advice.