BALTIMORE, MD — A Maryland-based architecture firm filed to raise over $600,000 in equity, according to a filing with the Securities and Exchange Commission.
Baltimore-based Hord Coplan Macht filed a form D signed by Edward Hord, Lee Coplan, Carol Macht, Christoher Harvey, Jim Albert, Christopher Schein, Monica Robertson, Wirt Winebrenner, James Pedler, Adele WIillson and Jennifer Cordes on April 24.
Hord Coplan Macht is an architecture, landscape architecture, planning and interior design firm that focuses in environmental sensitivity. According to the website, 60 percent of its staff has LEED accreditations. The company specializes in multifamily, health care and education.
The company, formed in 1977, has three offices in Baltimore, Denver and Washington and employs over 230 people in the U.S.
The total filing says the firm seeks to raise $614,522. This is a new notice with the first date of sale yet to occur as the company has not sold anything yet.
This offer is not being made in connection with a business combination transaction and the minimum investment accepted from any outside investor is $11,529.
None of the money raised will be used for payment to executive directors other than the payments of the salary in the ordinary course of business to certain of the parties listed on the filing.
The company claimed a Rule 506 (b) exemption for the filing. Companies relying on the Rule 506 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.
This story is from the Maryland Business News Wire, a service of UNC-Chapel Hill’s School of Media and Journalism