Investing in private placements

Investing in Private Placements Sponsored by Noricum Corporation (NC)

To invest in private placements offered by Noricum Corporation, you generally must be an accredited investor, which means having a minimum level of income or assets. Regulation by the Securities and Exchange Commission (SEC).

Are you an accredited investor?

An accredited investor, in the context of a natural person, includes anyone who:

• earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR
• has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).

On the income test, the person must satisfy the thresholds for the three years consistently either alone or with a spouse, and cannot, for example, satisfy one year based on individual income and the next two years based on joint income with a spouse. The only exception is if a person is married within this period, in which case the person may satisfy the threshold on the basis of joint income for the years during which the person was married and on the basis of individual income for the other years.

In addition, entities such as banks, partnerships, corporations, nonprofits and trusts may be accredited investors. Of the entities that would be considered accredited investors and depending on your circumstances, the following may be relevant to you:

• any trust, with total assets in excess of $5 million, not formed to specifically purchase the subject securities, whose purchase is directed by a sophisticated person, OR
• any entity in which all of the equity owners are accredited investors.

In this context, a sophisticated person means the person must have, or the company or private fund offering the securities reasonably believes that this person has, sufficient knowledge and experience in financial and business matters to evaluate the merits and risks of the prospective investment.

If you meet the above criteria, click “I Agree” below, I acknowledge that I have read and understand the criteria above. You get into a secure SSL page with a form to complete and submit.

Once approved, you will receive a username and password, which will allow you to periodically review our Private Placement Offering. Review specific offering and discuss with our Investor Relations team if this particular investment is appropriate for you.

Regulation SEC View Document in English (PDF)