WHAT-IS ACCREDITED INVESTOR? INCOME, NET-WORTH, AS
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As stated previously, the S-1 shares are being offered to Accredited, Qualified Investors at pricing levels which are at a premium to the CURRENT pre-filing PPS for Hannover House.
IR BLOG: HHSE S-1 Registration / Operational Plans for New Funding:
https://hannoverhousemovies.blogspot.com/2019...plans.html
Accredited Investors are not involved with HHSE (unregistered security) yet. They will be. It will take about one week until after Form 10 is publicly Filed. Then, hold on to your hat. Accredited Investors are NOT like the simple Pinksheet Investors taken advantage of for the past 11 years
What Is an Accredited Investor?
An accredited investor is an individual or a business entity that is allowed to trade securities that may not be registered with financial authorities. They are entitled to this privileged access by satisfying at least one requirements regarding their income, net worth, asset size, governance status or professional experience .
In the U.S., the term accredited investor is used by the Securities and Exchange Commission (SEC) under Regulation D to refer to investors who are financially sophisticated and have a reduced need for the protection provided by regulatory disclosure filings . Accredited investors include natural high net worth individuals (HNWI), banks, insurance companies, brokers and trusts.
Key Takeaways
* Sellers of unregistered securities are only allowed to sell to accredited investors, who are deemed financially sophisticated enough to bear the risks .
* Accredited investors are allowed to buy and invest in unregistered securities as long as they satisfy one (or more) requirements regarding income, net worth, asset size, governance status or professional experience .
Requirements for Accredited Investors
The regulations for accredited investors vary from one jurisdiction to the other and are often defined by a local market regulator or a competent authority. In the U.S, the definition of an accredited investor is put forth by SEC in Rule 501 of Regulation D.
To be an accredited investor, a person must have an annual income exceeding $200,000 ($300,000 for joint income) for the last two years with the expectation of earning the same or a higher income in the current year . An individual must have earned income above the thresholds either alone or with a spouse over the last two years. The income test cannot be satisfied by showing one year of an individual's income and the next two years of joint income with a spouse.
A person is also considered an accredited investor if they have a net worth exceeding $1 million , either individually or jointly with their spouse.
Definition Of Accredited Investor By Investopedia
https://www.investopedia.com/terms/a/accreditedinvestor.asp