APPLICATION TO PARTICIPATE IN BAI
Participation in the Bellingham Angel Investors requires qualification as an Accredited Investor.
As defined by the SEC, an accredited investor, in the context of a natural person, includes anyone who:
• earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR
• has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
There are other categories of accredited investors, including the following, which may be relevant to you:
• any trust, with total assets in excess of $5 million, not formed specifically to purchase the subject securities, whose purchase is directed by a sophisticated person, OR
• any entity in which all of the equity owners are accredited investors.
By submitting this application, you certify that you are an Accredited Investor.
Upon receipt of your application, you will be contacted by a BAI representative.