Sports Gaming Media creates rich, interactive content for the sports betting community, distributed across a variety of media platforms. We frame the narrative that gives our audience a voice , while playing a definitive role in shaping the future of the industry. This Summary is intended to to provide you with an overview of where we’re at today and where we’re projected to go. if you haven’t already done so, please submit an Enrollment Questionnaire to gain access to all relevant business documents.
Accredited Investors Only
Because investment information is available on our company website, Sports Gaming Media must remain compliant with the United States Securities Act, Section 4(a)(2), Rule 506(c). This means that investment in our company can only be made by accredited investors. The Securities Act defines an accredited investor as someone who meets one of the following qualifications:
- Have a minimum net worth of 1,000,000
– or –
- Have earned a minimum of 200,000 per year if filing single, 300,000 per year if married and filing joint returns. You must have met this threshold for the past two years, and expect to meet it the current year.
It is assumed that an investor who is accredited is more sophisticated, and therefore more capable of assessing the risks associated with any given opportunity.
Qualifications for Accredited Investors
The investment opportunity made available by Sports Gaming Media is compliant with the United States Securities Act, Section 4(a)(2), Rule 506(c). This means that our investment opportunity is limited to accredited investors and is not available to the general public. The Securities Act defines an accredited investor as an individual or entity that meets any of the following qualifications:
natural person with an individual net worth, or joint net worth with his or her own spouse, excluding the value of his, her, or their primary residence, exceeding $1,000,000;
natural person who had an individual income in excess of $200,000 in each of the two most recent calendar years or joint income with his or her spouse in excess of $300,000 in each of the two most recent calendar years and who reasonably expects reaching the same income level in the current calendar year;
trust, with total assets of $5,000,000 not formed for the specific purpose of acquiring the Note, whose purchase is directed by a person who has such knowledge and experience in financial and business matters that he or she is capable of evaluating the merits and risks of the prospective investment;
bank as defined in Section 3(a)(2) of the Act, or a savings and loan association or other institution as defined in Section 3(a)(5)(A) of the Act, whether acting in its individual or fiduciary capacity;
broker dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934, as amended;
an insurance company as defined in Section 2(13) of the Act;
an investment company registered under the Investment Company Act of 1940, as amended (the “1940 Act”) or a business development company as defined in Section 2(a) (48) of the 1940 Act;a Small Business Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958;a plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions for the benefit of its employees, if such plan has total assets in excess of $5,000,000;
Small Business Investment Company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958;
plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions for the benefit of its employees, if such plan has total assets in excess of $5,000,000;
an employee benefit plan within the meaning of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), if
1. The investment decision is made by a plan fiduciary, as defined in Section 3(21) of ERISA, which is either a bank, savings and loan association, insurance company, or registered investment advisor, or
2. the employee benefit plan has total assets in excess of $5,000,000, or
3. the employee benefit plan is a self-directed plan with investment decisions made solely by persons that are “accredited investors”;
private business development company as defined in Section 202(a)(22) of the Investment Advisors Act of 1940, as amended
an organization described in Section 501(c)(3) of the Internal Revenue Code, a corporation, Massachusetts or similar business trust, limited liability company, or partnership (which may include endowments or foundations), not formed for the specific purpose of acquiring the securities offered, with total assets in excess of $5,000,000; or
an entity in which all of the equity owners are “accredited investors” under any one or more of the categories specified above.
If you meet any of the accredited investor qualifications listed above, select the appropriate enrollment button below for access to our business documents.