Upload a Sophisticated Investor Certificate
In Australia, only Sophisticated Investors are allowed to bid for Placement shares. To qualify as a Sophisticated Investor, you’ll need to confirm that at least one of the following applies:
You have $2.5m of net assets
You have had a gross income of $250,000 per year for the last two years
You hold an Australian Financial Services License
You are a Professional Investor
This confirmation is done through a Sophisticated Investor Certificate issued by your accountant – who can either use their own certificate template or Stake’s template.
To upload your certificate to Stake:
Open your Stake app (uploading is not yet available on Stake’s web platform)
Make sure you have ‘AUS’ selected in the top right of your screen
Select ‘More’ from the bottom menu
Select ‘Profile’ at the top
Scroll down to ‘Sophisticated Investor’ and hit ‘Apply’
Upload your certificate as a PDF or photo
Wait for us to review and approve your certificate, and you’ll be able to bid on Placements
If you have any questions about becoming a Sophisticated Investor on Stake, you can contact Stake’s Capital Raises team by emailing capital-raises@hellostake.com
Discover Placements on the Markets page
Once you are approved as a Sophisticated Investor on Stake, you can access Placements currently open for bidding in the Markets section of your Stake app.
To view live Placements on Stake:
Open your Stake app (bidding is not yet available on Stake’s web platform)
Make sure you have ‘AUS’ selected in the top right of your screen
Select ‘Markets’ from the bottom menu
Scroll down to the ‘Capital Raises’ section and select the ‘Placements’ tab
Tap ‘Capital Raises hub’ to view all available Placements on Stake
To bid on a specific Placement:
If there’s a Placement you’re interested in, tap to view more details, including the Term Sheet
To place a bid, hit the green ‘Bid’ button at the bottom of the page
Enter the amount of shares you wish to buy, noting the minimum bid amount and your buying power available on Stake, then continue to confirm your bid
