Understanding your eligibility to invest on our platform
Snowball Effect is offering the opportunity for Australian investors who meet certain criteria to invest in growing New Zealand businesses.
For regulatory reasons, the offers to Australian wholesale investors on Snowball Effect’s Australian platform are restricted to “sophisticated investors” and “professional investors”. The terms “sophisticated investor” and “professional investor” are defined in the Corporations Act 2001. Please see the Act for more information.
Through verifying yourself as falling within one of these categories, you will be able to access unique investment opportunities. Please note, offers made to wholesale investors may afford lower levels of investor protection than otherwise provided by licensed offers.
You will be able to obtain access to offers made through Snowball Effect by meeting the criteria of 1 or more of the following options:
You provide the following certificate signed by a qualified accountant from the past two years before engaging with Snowball Effect stating:
A person who has or controls gross assets of at least AUD$10 million (including any assets held by an associate or under a trust that the person manages)
You provide the following certificate to Snowball Effect, stating you meet one of the following:
The information contained in this Publication (including this website) about the proposed business opportunity and the securities or scheme interests is not intended to be the only information on which the investment decision is made and is not a substitute for a disclosure document, Product Disclosure Statement or any other notice that may be required under the Corporations Act 2001 (Cth), as that Act may apply to the investment. Detailed information may be needed to make an investment decision, for example: financial statements; a business plan; information about ownership of intellectual or industrial property; or expert opinions including valuations or auditors' reports.
A prospective investor is strongly advised to take appropriate professional advice before accepting an offer for issue or sale of any securities or scheme interests.