Charlotte Company Wants to Raise $1 Million in Private Offering

11/15/16

A Charlotte, North Carolina-based company wants to raise $1 million in a private stock offering, according to a Securities and Exchange Commission filing.

YogaHome LLC filed the Form D on Nov. 15. and did not disclose intended use of the sale proceeds.

The company is offering $1 million in total shares to be sold, with $696,250 remaining to be sold.

According to the filing, the minimum amount accepted from an investor is $25,000.

Founded in 2014, YogaHome designs and manufactures luxury foam mattresses.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.

The form can be found here.

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