Accredited Investor Representation Letter for Rule 506(c) Offering | Practical Law

Accredited Investor Representation Letter for Rule 506(c) Offering | Practical Law

An accredited investor representation letter for a Rule 506(c) offering designed to help the issuer satisfy the requirement that it take reasonable steps to verify that each purchaser is an accredited investor (AI). The letter includes a template third-party verification letter that can be used by broker-dealers, licensed attorneys, investment advisers, and certified public accountants to confirm a purchaser’s AI status. This Standard Document has integrated notes with important explanations and drafting tips.

Accredited Investor Representation Letter for Rule 506(c) Offering

Practical Law Standard Document 0-554-2865 (Approx. 35 pages)

Accredited Investor Representation Letter for Rule 506(c) Offering

by Practical Law Corporate and Securities
MaintainedUSA (National/Federal)
An accredited investor representation letter for a Rule 506(c) offering designed to help the issuer satisfy the requirement that it take reasonable steps to verify that each purchaser is an accredited investor (AI). The letter includes a template third-party verification letter that can be used by broker-dealers, licensed attorneys, investment advisers, and certified public accountants to confirm a purchaser’s AI status. This Standard Document has integrated notes with important explanations and drafting tips.