/Docs/G/YCombinator-SAFE-2020/Form/Base/v1-1.md &k=Rep.Investor.Accredited.sec
Source views: Source JSON(ish) on GitHub (VSCode) Doc views: Document Visual Print Technical: OpenParameters Xray Compare:/Base/
Show depth:
>The Investor is an accredited investor as such term is defined in Rule 501 of Regulation D under the Securities Act, and acknowledges and agrees that if not an accredited investor at the time of an Equity Financing, the Company may void this Safe and return the Purchase Amount. The Investor has been advised that this Safe and the underlying securities have not been registered under the Securities Act, or any {state_securities_laws} and, therefore, cannot be resold unless they are registered under the Securities Act and {applicable_state_securities_laws} or unless an exemption from such registration requirements is available. The Investor is purchasing this Safe and the securities to be acquired by the Investor hereunder for its own account for investment, not as a nominee or agent, and not with a view to, or for resale in connection with, the distribution thereof, and the Investor has no present intention of selling, granting any participation in, or otherwise distributing the same. The Investor has such knowledge and experience in financial and business matters that the Investor is capable of evaluating the merits and risks of such investment, is able to incur a complete loss of such investment without impairing the Investor’s financial condition and is able to bear the economic risk of such investment for an indefinite period of time.>