{"id":1334,"date":"2015-03-25T12:02:00","date_gmt":"2015-03-25T20:02:00","guid":{"rendered":"http:\/\/artfieldinvestmentsrdinc.info\/blog\/?p=1334"},"modified":"2015-06-11T09:26:39","modified_gmt":"2015-06-11T17:26:39","slug":"reg-a-tier-1-tier-2-comparisons","status":"publish","type":"post","link":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/reg-a-tier-1-tier-2-comparisons\/","title":{"rendered":"REG A – Tier 1 \/ Tier 2 – Quick Comparison Chart"},"content":{"rendered":"

Here are some quick comparisons for your review:<\/p>\n

 <\/p>\n

Comparison Of Tier I And Tier II Regulations<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
 <\/td>\nTier I<\/td>\nTier II<\/td>\n<\/tr>\n
Maximum Offering SizeSecondary Sales -AffiliatesNon-Affiliates<\/td>\n$20 million
\n30% LimitNo Limit<\/td>\n		$50 million
\n30% LimitNo Limit<\/td>\n<\/tr>\n
Investor Types<\/td>\nAccredited and unaccredited<\/td>\nAccredited and unaccredited<\/td>\n<\/tr>\n
Individual Investment Limits<\/td>\nNone.<\/td>\n10% of the greater of annual income or net worth, as self-reported<\/td>\n<\/tr>\n
Advertising\/General Solicitation<\/td>\nNo – State regulated
\nrestrictions.Testing the water allowed<\/td>\n		No restrictions.Testing the water allowed<\/td>\n<\/tr>\n
Financial Disclosures<\/td>\nAccountant-reviewed financials<\/td>\n2 Years Audited financials; compliance with Reg S-X (US GAAP, PCAOB)<\/td>\n<\/tr>\n
State Preemption<\/td>\nNo; state coordinated review with SEC filings – Can designate lead state<\/td>\nYes – no blue sky<\/td>\n<\/tr>\n
12(g)<\/td>\nNot Exempt<\/td>\nExempt if current in Reg A Reporting requirements<\/td>\n<\/tr>\n
Reporting Requirements<\/td>\nForm 1-Z exit report with the SEC not later than 30 calendar days after termination or completion of an offering.<\/td>\nEDGAR annual and semiannual reports, as well as current event reports.<\/td>\n<\/tr>\n
Filing Offering Statement<\/td>\nElectronic On EDGAR<\/td>\nElectronic On EDGAR<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Here are some quick comparisons for your review:   Comparison Of Tier I And Tier II Regulations   Tier I Tier II Maximum Offering SizeSecondary Sales -AffiliatesNon-Affiliates $20 million 30% LimitNo Limit $50 million 30% LimitNo Limit Investor Types Accredited and unaccredited Accredited and unaccredited Individual Investment Limits None. 10% of the greater of annual […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,26,53],"tags":[],"class_list":["post-1334","post","type-post","status-publish","format-standard","hentry","category-finance","category-news","category-reg-a"],"_links":{"self":[{"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/posts\/1334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/comments?post=1334"}],"version-history":[{"count":6,"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/posts\/1334\/revisions"}],"predecessor-version":[{"id":1336,"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/posts\/1334\/revisions\/1336"}],"wp:attachment":[{"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/media?parent=1334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/categories?post=1334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/artfieldinvestmentsrdinc.info\/blog\/wp-json\/wp\/v2\/tags?post=1334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}