Kodak sold 8 million KODAKCoins in presale, ICO was delayed (intends to raise $20mill), its issued under SEC guidelines as a security token (Regulation 506(c)) and the precondition to invest is that the investors have a net worth of more than $1 mill or an income of at least $200'000.
Source: https://m.benzinga.com/article/11194588?utm_referrer=https%3A%2F%2Fwww.google.com%2F