How do you qualify as an accredited investor? * Under U.S. SEC rules, accredited investors meet certain financial or professional criteria. Select all that apply; at least one is required. All amounts are in U.S. dollars.
Individual annual income over US$200,000 My individual income exceeded US$200,000 in each of the last two years, and I reasonably expect to exceed that level this year. Joint annual income over US$300,000 My combined income with my spouse or spousal equivalent exceeded US$300,000 in each of the last two years, and we reasonably expect to exceed that level this year. Net worth over US$1 million My net worth, alone or together with my spouse or spousal equivalent, exceeds US$1 million, excluding my primary residence and applying the SEC’s rules for related debt. Qualifying professional license I hold a Series 7, Series 65 or Series 82 license in good standing. Passing an exam alone does not qualify. Entity and other qualifying categories Entity with assets over US$5 million A corporation, partnership, LLC, 501(c)(3) organization, or Massachusetts or similar business trust with total assets over US$5 million, not formed specifically to acquire these securities. Entity owned entirely by accredited investors Every equity owner of the investing entity is an accredited investor. Qualifying trust A trust with assets over US$5 million, not formed specifically for this investment, whose purchase is directed by a person with the financial knowledge and experience to evaluate its merits and risks. Other entity with investments over US$5 million An entity not covered by the other entity categories in Rule 501(a), owning more than US$5 million in investments as defined by SEC rules, and not formed specifically for this investment. Qualifying family office or family client A family office with over US$5 million under management, not formed specifically for this investment, whose investment is directed by someone with sufficient financial knowledge and experience; or a family client whose investment is directed by that qualifying office. Qualifying financial institution or investment adviser A bank, savings and loan association, insurance company, registered investment company, business development company, SBIC, RBIC, SEC-registered broker-dealer, SEC- or state-registered investment adviser, or exempt reporting adviser qualifying under Rule 501(a)(1) or (2). Qualifying employee benefit plan A state employee plan with assets over US$5 million; or an ERISA plan with assets over US$5 million, an eligible bank, insurer or registered adviser as investment fiduciary, or all investment decisions made solely by accredited investors for a self-directed plan. Director, executive officer or general partner of PXCH I am a director, executive officer or general partner of the company offering these securities, or of its general partner. A role at an unrelated company does not qualify under this category. A spousal equivalent is a cohabiting partner in a relationship generally equivalent to marriage. Read the SEC guidance, including home-debt rules.
I confirm that the qualification(s) selected above apply to me or the investing entity I am authorized to represent. * This is a self-declaration; eligibility may require separate verification. Who is an accredited investor?
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