Eligibility
Accredited investor status
Who may participate, and how status is verified.
Common bases for accredited status
- Individual income over $200,000 (or $300,000 jointly) in each of the last two years
- Individual or joint net worth over $1,000,000, excluding primary residence
- Holder of a Series 7, 65 or 82 licence in good standing
- Entity with over $5,000,000 in assets, or all equity owners are accredited
These track 17 CFR 230.501(a): paragraph (a)(6) (income over $200,000, or $300,000 with a spouse or spousal equivalent, in each of the two most recent years with a reasonable expectation of the same this year); paragraph (a)(5) (net worth over $1,000,000, where the primary residence "shall not be included as an asset"); paragraph (a)(10) (holders of professional certifications the SEC has designated — the Series 7, 65 and 82 licences, designated in SEC Release No. 33-10824); and paragraph (a)(3) (entities with total assets over $5,000,000). The rule also covers a person the issuer "reasonably believes" falls within a category. Other categories exist; this list is not exhaustive.
Sources — checked 17 September 2026
Why we must verify, not just ask
Rule 506(c) permits general solicitation — publicly advertising an offering — only where the issuer takes reasonable steps to verify that every purchaser is an accredited investor. A tick box is not sufficient.
Order of operations. Verification comes first. No subscription agreement is signed and no wire instructions are issued until accredited status has been verified. The letter of intent on this site is a self-attestation and an expression of interest; it is not verification and does not reserve a slot.
Acceptable evidence. The company intends to rely on the non-exclusive methods the SEC sets out in Rule 506(c)(2)(ii), reviewed by counsel or a third-party verification service counsel approves:
- Income — IRS forms for the two most recent years (Form W-2, 1099, Schedule K-1 or 1040), with a written representation that the investor reasonably expects to meet the threshold in the current year.
- Net worth — bank, brokerage and other securities statements, certificates of deposit, tax assessments or independent appraisals dated within the prior three months for assets, together with a consumer report from a nationwide agency for liabilities.
- Professional confirmation — a written confirmation dated within the prior three months from a registered broker-dealer, an SEC-registered investment adviser, a licensed attorney in good standing or a certified public accountant in good standing that they have verified the investor's status.
Verification documents are exchanged directly with counsel or the verification service, never uploaded to this website. This site does not ask for Social Security numbers, account numbers or tax returns.
Sources — checked 17 September 2026