Confidential Information
Active Angel Network must verify if a member is an accredited or non-accredited member. In addition, we need to identify which members have the sophistication and ability to undertake the financial risk involved in Angel investing. The majority of the investments Avtive Angel Network will review follow the standards for the “private offering exemption from the registration requirements of the securities Act of 1933, as amended the ‘1933 Act’, and the qualification of registration requirements of other applicable securities laws.
Once we have reviewed the application, it will determine if a potential member is qualified to be an Accredited Investor and available to invest in Active Angel Network investments.
Active Angels Network will keep all information confidential. None of this information will be shared with other members, sponsors or presenting companies. If any portfolio company needs to verify if a member is an accredited investor, the member will be contacted prior to Active Angels Network sharing any information.