How much may issuers sell under Regulation A+ Tier 2?

Under Regulation A+ Tier 2, issuers are allowed to sell up to $50 million in securities within a 12-month period. This is designed to provide a more accessible way for smaller companies to raise capital from the public while still giving investors protections, such as more extensive disclosure requirements than under traditional private placements.

Regulation A+ was created as part of the JOBS Act to encourage capital formation for smaller businesses. The limit of $50 million is specifically set to allow companies to raise significant funds while still offering a streamlined regulatory process, making it more attractive for startups and emerging businesses to access capital markets without undergoing the full registration process typically required by the SEC for larger offerings.

The other options suggest lower thresholds, which do not reflect the current legal limit established by Regulation A+ Tier 2. Thus, the correct answer reflects the maximum amount that issuers can seek to raise under this framework.