Accredited Investor Status Requirement
Criteria to View Share Information, Purchase and Receive Non-Public Shares of Ascend Electronics® Inc.
In the U.S., the Securities and Exchange Commission (SEC) restricts the sale of private securities to protect less experienced investors. Here are the key criteria for qualifying any person and/or entity to viewing and receive information of our business plans, share offering prospectuses, and participate in any share purchase, sales or dividend transaction related to our share offerings.
Criteria for Accredited for Private Person Investor:
Income: Annual income of at least $200,000 (or $300,000 jointly with a spouse) for the last two years, with the expectation of the same in the current year.
Net Worth: Over $1 million in net worth, excluding the value of the primary residence.
Professional Credentials: Certain financial professionals (e.g., Series 7, 65, or 82 license holders) may qualify regardless of income or net worth.
Criteria for Accredited Corporate or Business Entity Investor:
Entities: Trusts, corporations, or partnerships with over $5 million in assets or composed entirely of accredited investors.
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