A Charlotte, North Carolina-based company sold $1 million in shares in a private stock offering, according to a Securities and Exchange Commission filing.
Southwood Holding Company Inc. filed the Form D on Jan. 12. It did not disclose what it intended to do with the proceeds, but a total of eight investors contributed to the $1 million offering.
The company lists B. Byron Burns III, John Petrone and Ernest Cutter III as directors in its filing. Southwood Holding Company Inc. has been offering its sign services since 1970 with a variety of materials and manufacturing processes.
The founder, Ernest Dwight started the company as an extension of his wife’s embroidery business. His interests of woodworking and architecture meshed with graphics and lettering, which produced “architectural signage.”
The company now offers services in planning, design, product management, value engineering, manufacturing and installation for their signs in the U.S. and in over two dozen countries.
When filing a Reg D exemption, companies do not have to register their offering of securities with the SEC, but they must file a Form D electronically with the SEC after they first sell their securities.
The form can be found here.

