What Are the Ongoing Reporting Requirements for a Tier 2 Regulation A+ Offering?

Issuers in a Tier 2 Regulation A+ offering have ongoing reporting requirements that are less burdensome than a fully public company but more than a private one. They must file an annual report on Form 1-K, a semi-annual report on Form 1-SA, and current event reports on Form 1-U for significant events.

These reports include audited financial statements and discussions of the company's performance. This transparency is a key trade-off for being able to raise capital from the general public.