Examples of Accredited Investor in a sentence
No payment in lieu of the Subscription Rights will be made to any holder of a Second Lien Noteholder Claim that is not an Accredited Investor and therefore unable to subscribe for New Common Units pursuant to the Offering.
The Commission was concerned Canaccord clients had relied on the Accredited Investor Exemption to purchase private placements, when the account information at Canaccord did not support their qualification for the exemption.
However, the account documentation for 71 out of the 79 clients indicated that they did not have more than $1,000,000 financial assets and did not fit within the definition of Accredited Investor.
Each purchase was effected by a written claim the client was eligible to purchase private placements because they fit within the Accredited Investor definition in that they had more than $1,000,000 financial assets.
OR B: □ Written confirmation from the following independent third party that they have taken reasonable steps to verify my status as an Accredited Investor: □FINRA registered broker-dealer or investment advisor; □Attorney in good standing; □Certified public accountant (CPA) in good standing; or □Other: OR C: □ Other (please describe attachment(s)): LIVING TRUSTS, FAMILY TRUSTS, REVOCABLE TRUSTS, ETC.