Who eligible to invest in a Park Street investment offering?

Category: | 59 Views| Sajib Hossain| 6 Sep 19

Park street investment offerings under Regulation D 506 (b) are available to unlimited accredited investors and no more than 35 non-accredited sophisticated investors on a single investment. Accreditation status will be verified upon commitment to an offering. An accredited investor is a term used by the U.S. Securities and Exchange Commission (SEC) under Rule 501 of Regulation D. In order for an individual to qualify as an accredited investor, the individual must accomplish at least one of the following:

  1. Earned income that exceeded $200,000 per year (or $300,000 per year jointly with a spouse) in each of the prior two years, and reasonably expects to maintain the same income for the current year, OR
  2. Has a net worth that exceeds $1 million, individually or jointly with a spouse (excluding the value of the primary residence).

 

In order for an individual to qualify as a sophisticated investor, the individual must have sufficient knowledge and experience in financial and business matters to evaluate the merits and risks of the prospective investment.

Sajib Hossain

Sajib Hossain

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Hello, I am Sajib Hossain. I am a Professional Web Developer. I have 5 Years + experience in web app development.