An accredited investor as defined by Rule 501 of Regulation D is:
- An individual with a net worth (or joint net worth with spouse) in excess of $1,000,000 excluding the value of my primary residence;
- An individual with an annual income in excess of $200,000 ($300,000 combined income) for the last two years and has the expectation to earn the same amount this year;
- Is a bank, insurance company, registered investment company, business development company, or a small business investment company;
- Is a business entity (corporation, LLC, etc.), a charity, trust, or employment benefit plan, not formed to acquire the offered securities, with assets in excess of $5,000,000