What is an accredited investor?
An accredited investor does not go through a third-party process or accrediting agency. Rather, it is a number of criteria that must be met in order to determine if an individual qualifies as an accredited investor. At least one of the following criteria must be met for an individual to qualify:
§ Earn an individual income of more than $200,000 per year, or a joint income of $300,000, in each of the last two years and expect to reasonably maintain that same level of income.
§ Have a net worth exceeding $1 million, either individually or jointly with his or her spouse.
§ Be a general partner, executive officer, director or a related combination thereof for the issuer of a security being offered.
These investors are considered to be fully functional without all the restrictions of the Securities and Exchange Commission.
An employee benefit plan or a trust can qualify as an accredited investor if total assets are in excess of $5 million.
If you meet the above criteria, you are eligible to invest in this project.
For Security and Exchanges Commission regulations regarding accredited investors, please visit https://www.sec.gov/answers/accred.htm
If you are currently not an accredited investor, but are interested in future Truax investment opportunities that will be made available to the general public in the near future, please fill out the form provided.
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