| INVESTOR LIMITS | title II – rule 506(b) | title II – rule 506(c) | title III | Regulation A+ Tier 1 | Regulation A+ Tier 2 |
| Maximum Dollar Amounts | No Maximum | No Maximum | $1 Million | $20 Million | $50 Million |
| Types of Investors Permitted | Accredited – upto 35 Non-Acredited |
Only Accredited | Accredited and Non-Acredited |
Accredited and Non-Acredited |
Accredited and Non-Acredited |
| Investment Limits | None | None | Yes (the lesser of 5% or 10 % of income or networth) |
Yes – for non-accredited investors (10% of income, networth) |
Yes – for non-accredited investors (10% of income, networth) |
| Typical Number of Investors | <100 | <100 | <1000 | ~1500 to ~5500 | ~2500 to ~7500 |
| Shareholder Limits | 2,000 accredited investors, 35 Non-Acredited friends and family investors. | 2,000 accredited investors | None | None | None |
| Investor Liquidity | 12 month hold | 12 month hold | 12 month hold | Yes – Transfer Agency to OTC or NASDAQ | Yes – Transfer Agency to OTC or NASDAQ |
| Offering LIMITS | title II – rule 506(b) | title II – rule 506(c) | title III | Regulation A+ Tier 1 | Regulation A+ Tier 2 |
| General Solicitation (Advertising) Allowed | No | Yes | Yes, but only through the portal. | Yes | Yes |
| Requires Integrated Escrow and Payment Processor | No | No | Yes | No | No |
| Allows ‘Test The Waters’ | Yes | Yes | No | Yes | Yes |
| Requires a Funding Portal | No | No | Yes (register with FINRA) | No | No |
| Simultaneous Other Offerings Allowed For The Same Company | Yes | Yes | No | Yes | Yes |
| Average Time Before Launch | <2 weeks | <2 weeks | <4 weeks | 16-20 weeks | 16-20 weeks |
| Filing Required | Post Sale | Post Sale | Pre Sale | Pre Sale | Pre Sale |
| Regulatory Approval Required Prior to Launch | No | No | CF Portal = Yes Individual Deal = No | Yes | Yes |
| Approximate Legal and Accounting Fees | $5,000 to $20,000 | $5,000 to $20,000 | $5,000 to $15,000 | $40,000 to $150,000 | $50,000 to $200,000 |
| Ongoing Reporting Requirements | None | None | Yes | None | Yes |
| Audited Financials | No | No | No | No | Yes |
| Social Sharing Allowed | No | Yes | Yes | Yes | Yes |
| More Info | More Info | More Info | More Info | More Info |