Public Offering to Become a Shareholder in Purism

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@weirdnerd

Must Purism investors be “sophisticated” according to the SEC (e.g., more than $1 million in assets)?

The term is “accredited”, not “sophisticated” and the answer is “No”. This is not a Reg D (or Reg A) offering. It’s a Reg CF offering. Read up on Reg CF from the SEC here: https://www.sec.gov/education/smallbusiness/exemptofferings/regcrowdfunding .