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NATIONAL BOARD OF ACCREDITATION Compliance Report Format (Tier I/Tier II) PART A: Institutional Information (To be filled only once for all the programs under consideration)A1. Name and Address of
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Tier I and Tier II are different levels of reporting requirements for certain securities offerings under Regulation A of the Securities Act.
Companies looking to raise capital through Reg A offerings are required to file either a Tier I or Tier II offering statement with the SEC.
Companies need to prepare and file Form 1-A, the offering statement required for Reg A offerings, with the SEC. The form includes information about the company, the offering, and financial statements.
The purpose of Tier I and Tier II offerings is to provide companies with a streamlined and cost-effective way to raise capital from a wide range of investors while still providing some investor protections.
The offering statement required for Tier I and Tier II offerings must include information about the company's business and management, the securities being offered, the use of proceeds, and financial statements.
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