Updated over 7 years ago on . Most recent reply
506C Sponsor investing as investor if not accredited?
If I am syndicating a deal I found/am sponsoring it, and running the deal as a 506C, the rule is that all investors (class A shares) must be accredited. Does this also apply to sponsors?
Meaning, if I am the sponsor on the deal and have class B shares, do I have to be accredited/third party verification if I want to invest as a class A share as well, or am I exempt because I'm the sponsor?