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MAE-2.11.4

For the purpose of Paragraph MAE-2.11.2(f), a material adverse change concerning the equity crowdfunding issuer, may include any of the following matters:

(a) The discovery of a false or misleading statement in the equity crowdfundingoffering statement in relation to the equity crowdfunding offer; or
(b) The discovery of a material omission of information required to be included in the equity crowdfunding offering statement; or
(c) There is a material change or development in the circumstances relating to the equity crowdfunding offer or the equity crowdfunding issuer.
Added: October 2017