www.TheSecuritiesAttorneys.com Reg A – How Much Money Can You Raise? The new Regulation A has two tiers with different requirements. Tier 1 allows you to raise up to $20 million. You do not need audited financial statements, But you do have to comply with state securities laws and regulations. Tier 2 allows you to raise up to $50 million. You need audited financial statements for the last two full years. The audit must be to AICPA or PCAOB (Public Company Accounting Oversight Board) standards. Tier 2 issuers are required to file annual, semiannual, and current reports with the SEC. Except for securities to be listed on a national securities exchange, Tier 2 investors must either be accredited investors or be subject to certain limitations on their investment. Tier 1: annual offering limit of $20 million, including no more than $6 million on behalf of selling security holders that are affiliates of the issuer. Tier 2: annual offering limit of $50 million, including no more than $15 million on behalf of selling security holders that are affiliates of the issuer. Tier 2 unaccredited investors can purchase no more than 10% of the their income or net worth or 10% of the greater of annual revenue or net assets at fiscal year end for entities. This is part of a series on the new Reg A. Subscribe here for more on Reg A. Want to know more? – email me at John.Lux@ Securities-Law.info (240) 200-4529 John E. Lux was in the top 5% of authors on Slideshare in 2014 and has been quoted by Bloomberg as an expert on reverse mergers. To learn more, go to Www. TheSecuritiesAttorneys.com and get a free copy of our book “How to Go Public” Disclaimer This is not legal or investment advice of any kind Seek competent advice from qualified attorneys and investment bankers Your situation may vary The more you know about finance and business, the more you can profit

1. www.TheSecuritiesAttorneys.com
Reg A – How
Much Money Can
You Raise?

2. Disclaimer

This is not legal or
investment advice of any
kind

Seek competent advice
from qualified attorneys
and investment bankers

Your situation may vary

The more you know about
finance and business, the
more you can profit

3. www.TheSecuritiesAttorneys.com
The new
Regulation A has
two tiers with
different
requirements

4. Tier 1 allows you
to raise up to
$20 million

5. You do not need
audited
financial
statements

6. But you do have
to comply with
state securities
laws and
regulations

7. Tier 2 allows you
to raise up to
$50 million

8. You need audited
financial
statements for
the last two full
years

9. The audit must be to
AICPA or PCAOB
(Public Company
Accounting
Oversight Board)
standards

10. Tier 2 issuers are
required to file
annual, semiannual,
and current reports
with the SEC

11. Except for securities to
be listed on a national
securities exchange,
Tier 2 investors must
either be accredited
investors or be
subject to certain
limitations on their
investment

12. Tier 1: annual
offering limit of
$20 million,
including no more
than $6 million on
behalf of selling
security holders
that are affiliates of
the issuer.

13. Tier 2: annual
offering limit of
$50 million,
including no more
than $15 million on
behalf of selling
security holders
that are affiliates of
the issuer

14. Tier 2 unaccredited
investors can
purchase no more
than 10% of the
their income or net
worth or 10% of
the greater of
annual revenue or
net assets at fiscal
year end for entities

15. www.TheSecuritiesAttorneys.com

Want to know
more? – email
me at John.Lux@
Securities-
Law.info

(240) 200-4529

16. John E. Lux was in
the top 5% of
authors on
Slideshare in
2014 and has
been quoted by
Bloomberg as an
expert on reverse
mergers

17. www.TheSecuritiesAttorneys.com
To learn more, go to
Www.
TheSecuritiesAttorneys.com
and get a free copy of our book
“How to Go Public”