A US company with which I have an affiliation (I'm not an employee; I don't think the specifics of our relationship are relevant here) is preparing an IPO and there is a directed share program for a group of people that includes me. The prospectus includes this:
The Class A common stock may be sold only to purchasers purchasing, or deemed to be purchasing, as principal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions or subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations.
Searching for that just produces all kinds of other prospectuses. So, what's the deal? How can I be an "accredited investor"? Do I just assert something? Fill out a form? Time is of the essence here, I have a matter of days to be part of this.