What Reg A+ Is
Regulation A+ is an exemption modernized by the JOBS Act that lets companies offer securities to the general public — not just accredited investors — after the SEC “qualifies” an offering statement (Form 1-A). Tier 2 permits up to $75 million in a rolling 12-month window, preempts state-by-state blue-sky registration, and requires audited financials plus ongoing reports.
Non-accredited individuals may generally invest up to 10% of the greater of income or net worth per offering — a structural guardrail built into the rule itself.
Who It’s For
The retail investor the JOBS Act intended to include: individuals building fixed income inside ordinary brokerage and retirement accounts, who were historically excluded from private credit by accreditation walls and six-figure minimums.
Canine Capital’s 2027 Retail vintage is designed digital-first — education before subscription, The Bond Shop’s learn-first flow, and retirement-account compatibility on the perpetual Growth series.
Testing the Waters
Before qualification, Reg A+ allows a company to gauge interest publicly — “testing the waters.” That is the stage Canine Capital’s 2027 Retail series are in today: an interest period, not a sale.
At Canine Capital
The 2027 Retail vintage — Series Retail A (3-year), Retail B (5-year), and Retail C (perpetual Growth, IRA-eligible from $10,000) — is planned under Reg A+ Tier II from Canine Capital Private Fund II, LLC, with a $1,000 minimum and the same dual-asset discipline as the institutional vintage.
Join the interest list to be notified at qualification; education and roster terms are open to everyone today.
Private credit, retail door.
Read the roster now; subscribe only after SEC qualification. Education first is the whole point.