Regulation A is a federal exemption from registration for public offerings. Regulation A has two offering tiers - Tier 1 and Tier 2. Tier 1 is subject to state qualification while Tier 2 is subject to state notice filing. (Please see the SEC website for Regulation A eligibility). |
The Commission staff requires the following filing documents:
Alabama collects a variable fee: one tenth of one percent of the aggregate offering price of the securities which are to be offered in Alabama, and no less than $100 but not to exceed a fee of $1,500. Fees should be payable to "Alabama Securities Commission". In addition to the variable fee, there a is a $40 application fee. Alabama is a merit state. Payments should be sent to the following address: |
Mailing Address: |
Courier Address: |
P.O. Box 304700 |
445 Dexter Avenue, Suite 12000 |