Who are the accredited investors in Private Placements ?
The “accredited investors” in Private Placements are: • A bank, insurance company, registered investment company, business development company, a corporation, partnership, or small business investment company; • An employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of US$5.0 Million; • A charitable organization, corporation or partnership with assets exceeding US$5.0 Million. • A director, executive officer, or general partner of the company selling the securities. • A business in which all the equity owners are accredited investors. • A natural person with a net worth of at least US$1.0 Million. • A natural person with income exceeding US$200,000.00 in each of the two most recent years or joint income with a spouse exceeding US$300,000.00 for those years and a reasonable expectation of the same income level in t
