: Must own or invest at least $10 million in non-affiliated securities.

: Must own/invest $100 million in securities and maintain an audited net worth of at least $25 million . Examples of Qualified Institutional Buyers

A is an entity recognized by the U.S. Securities and Exchange Commission (SEC) as a highly sophisticated investor capable of managing large-scale investments without the standard regulatory protections required for retail investors. Core Qualification Criteria