Definitive Guide to “Revolutionary” Reg. A+ Hits Bookshelves

Kaplan Voekler Cunningham & Frank PLC, a law firm based in Virginia, announced the release of a “Regulation A+: How the JOBS Act Creates Opportunities for Entrepreneurs and Investors,” co-written by Robert Kaplan, Jr., a founding partner of the firm, along with Paul Getty and Dinesh Gupta.

“Reg A+ simplifies the capital-raising process, dramatically impacting how companies raise growth capital,” said Kaplan. “The effects could be revolutionary – as businesses grow, jobs are created and investors are rewarded. Reg A+ could significantly bolster the U.S. economy.”

The bipartisan Jumpstart our Business Startups (JOBS) Act of 2012 required the SEC to update Regulation A, resulting in the creation of what has become known as “Reg A+.” In 2015, the SEC introduced the rules for Reg A+, which increased the amount a private company could raise through a public securities offering from $5 million to $50 million per year, and allowed non-accredited investors to participate.

Kaplan predicts that Reg A+ will provide new opportunities for America’s small businesses and individual investors to succeed.

“For the past 20 years, the doors have been effectively closed to public securities, except for the largest investors on Wall Street,” Kaplan said. “But Reg A+ creates a class of securities available to Main Street and mid-market businesses.”

Kaplan’s book is a guide to Reg A+ for executives of emerging growth companies, entrepreneurs, financial advisers, venture capitalists, investment bankers, securities lawyers, finance and MBA students, as well as others who want to learn how to raise up to $50 million a year without doing a traditional IPO. Instead, Reg A+ offers a new type of IPO, unencumbered by the heavy regulation and costs of traditional IPOs.

During his career, Kaplan has been counsel in securities offerings/transactions and syndications worth more than $2 billion. Kaplan has appeared on radio and television, as well as in print media, offering commentary on the JOBS Act. He has worked since its inception with Congress on Title IV, and with the SEC on rules for implementation, including testifying before the U.S. Senate’s Banking Committee on Regulation A’s effects on the lower middle market and the alternatives industry.

Based in Richmond, Virginia, Kaplan Voekler Cunningham & Frank was founded in 2005 and serves clients nationwide.