What is an accredited investor?

An accredited investor is someone who meets certain net worth and income requirements.

To be considered an accredited investor you must have a net worth of at least $1,000,000, excluding the value of your primary residence, or have an annual income of at least $200,000 each year for the last two years (or $300,000 combined income with your spouse or spousal equivalent) and have the expectation to make the same amount this year. The term "accredited investor" is defined in Rule 501 of SEC Regulation D.

Some offerings on Netcapital are considered “side-by-side offerings.” For these types of offerings, once allocation fills up in the 4(a)(6) offering, there could be additional shares available for accredited investors only through Rule 506(c) of SEC Regulation D. In order to have access to all potential shares, you should verify your status as an accredited investor after making a 506(c) investment commitment.