An accredited investor, in the context of a natural person, includes anyone who: a) earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR b) has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence). Click here for information, or details on Accredited Entities.

An entity will qualify as an accredited investor if (i) it owns more than $5 million in “investments” (as defined in Rule 2a51-1(b) under the Investment Company Act) and (2) it was not formed for the specific purpose of acquiring the securities offered. This includes limited liability companies with more than $5 million in assets and that meet the other requirements of Rule 501(a)(3) qualify as accredited investors. Click here for more information.

A non-accredited investor is any investor who does not meet the income or net worth requirements set out by the Securities and Exchange Commission (SEC). A non-accredited investor, therefore, is anyone making less than $200,000 annually (less than $300,000 including a spouse) that also has a total net worth of less than $1 million when their primary residence is excluded. Click here for more information.

Sorry, you must be an accredited individual or entity to continue