Regulation A+ is designed to facilitate smaller companies'access to capital by providing an alternative to direct public offerings/DPO's and initial public offerings/IPO's. Regulation A+'s new rules provide investors with more investment choices and issuers with more capital raising options in their going public transactions. Regulation A+ supplies a workable alternative to a preliminary public offering/IPO by allowing companies to improve capital without an underwriter and without filing a complete blown S-1 registration statement with the SEC.

https://bogotamihuerta.jbb.gov.co/miembros/securities-lawyers/activity/386277/