What is the difference between a Tier 1 and Tier 2 offering?

The Regulation A+ exemption is divided into Tier 1 and Tier 2 offerings.  Tier 1 offerings are limited to 20MM within a 12-month period and require compliance with state blue sky securities laws regarding securities offerings.  

Tier 2 offerings are capped at 50MM within a 12-month period.  Furthermore, Tier 2 offerings preempt state blue sky securities laws.  This provides a significant advantage as it eliminates the burden and expense associated with compliance to state blue sky securities laws.  

Therefore, StartEngine is only working with issuers of Tier 2 offerings presently.


Have more questions? Submit a request


Please sign in to leave a comment.