Which title of the JOBS Act allows companies to publicly solicit investments?

The correct answer is Title II of the JOBS Act. This title specifically allows companies to publicly solicit investments through general advertising and solicitation, provided they only accept investments from accredited investors. This was a significant change because prior to Title II, companies were generally prohibited from advertising their securities offerings, which limited their ability to reach potential investors.

Title II is aimed at helping startups and other small businesses raise capital by broadening their reach to potential investors while maintaining certain protections for investors. It reflects the shift towards leveraging modern technology and social media for fundraising efforts. By enabling companies to advertise their capital needs publicly, Title II creates new opportunities for entrepreneurs to connect with a wider array of investors than before.

The other titles of the JOBS Act have different focuses; for example, Title I pertains to the on-ramp provisions for emerging growth companies, Title III allows for equity crowdfunding accessible to non-accredited investors, and Title IV sets forth regulations for Regulation A+ offerings, providing a streamlined process for small companies to raise funding from the general public. Each title targets distinct aspects of capital formation and investment, but Title II is specifically known for permitting public solicitation of investments.