An accredited investor must meet one of the following criteria:
- A natural person whose individual net worth, or joint net worth with his spouse, at the time of representation is at least $1,000,000.00
- A natural person who had an individual income in excess of $200,000.00 in each of the two most recent years or joint income with his spouse in excess of $300,000.00 in each of those years, and who reasonably expects reaching the same income level in the current year.
- An investment partnership or entity that qualifies as an accredited investor under applicable securities laws.
