The securities offered by the Gold STACK Income Fund (the "Fund") have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or under the securities laws of any state or other jurisdiction. The Fund is offering these securities in reliance on the exemption from registration provided by Regulation D, Rule 506(c) under the Securities Act.
Key Provisions of Rule 506(c):
- The Fund may engage in general solicitation and general advertising in connection with this offering.
- All purchasers of securities must be verified accredited investors as defined in Rule 501(a) of Regulation D.
- The Fund must take reasonable steps to verify that all purchasers are accredited investors, which may include reviewing tax returns, bank statements, brokerage statements, credit reports, or obtaining written confirmation from a registered broker-dealer, SEC-registered investment adviser, licensed attorney, or certified public accountant.
- Securities sold in this offering are "restricted securities" and may not be resold unless registered under the Securities Act or pursuant to an applicable exemption from registration.
Accredited Investor Definition (Rule 501(a)):
- A natural person with individual income exceeding $200,000 (or $300,000 jointly with a spouse) in each of the two most recent years, with a reasonable expectation of reaching the same income level in the current year.
- A natural person with individual net worth, or joint net worth with a spouse, exceeding $1,000,000, excluding the value of the primary residence.
- A natural person holding in good standing one or more professional certifications, designations, or credentials (Series 7, Series 65, or Series 82).
- A bank, insurance company, registered investment company, business development company, or small business investment company.
- An entity in which all of the equity owners are accredited investors.
- A trust with total assets exceeding $5,000,000, not formed specifically to acquire the securities offered.
The Fund reserves the right to reject any subscription in whole or in part, for any reason or no reason, in its sole discretion. No subscription will be accepted until the Fund has verified the accredited investor status of the subscriber.