Regulation A (also called Regulation A+, Reg A or Reg A+ and even a “Mini-IPO”) is a section of the JOBS Act. For far less than the cost and effort of a traditional IPO, companies can use Regulation A to raise up to $75 million in an online stock offering, and all investors, not just the rich and well-connected, can invest in a company like Armed Forces Brewing Company. Regulation A changed and democratized investment in private, early-stage companies, making it available for everyone.