Per U.S. Securities and Exchange Commission Rule 501 of Regulation D, an Accredited
is defined as follows:
1. A bank, insurance company, registered investment company, business development
2. An employee benefit plan within the meaning of the Employee Retirement Income
Act, if a bank,
insurance company, or registered investment adviser makes the investment decisions, or
the plan has total
assets in excess of $5 Million.
3. A charitable organization, corporation, or partnership with assets exceeding $5
4. A director, executive officer, or general partner of the company selling the
5. A business in which all the equity owners are Accredited Investors.
6. A natural person, who has individual net worth, or joint net worth with the person’s
spouse that exceeds $1
Million at the time of the purchase, or has assets under management of $1 Million or
excluding the value
of the individual’s primary residence.
7. A natural person with income exceeding $200,000 in each of the two most recent years
joint income with a
spouse exceeding $300,000 for those years and a reasonable expectation of the same
level in the
8. A trust with assets in excess of $5 Million, not formed to acquire the securities
offered, whose purchases a
sophisticated person makes.