Elements Design launched a $1 million offering and placed 20%


According to a document filed by Elements Design with the SEC, the company launched a $1 million non-brokered equity offering. So far Elements Design sold 20% or $200,000 worth of new unregistered securities to nine backers. The subscription started a little over a week ago. The offering will remain open until May 2015 while an additional $800,000 worth of securities is sold to investors. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC.

The company is currently in stealth mode. The company was founded by designers Simon Enever and Bill May.

Elements Design, registered in 2014, is headquartered in New York NY. It is led by Simon Enever (CEO). Revenues were not disclosed.
The executive team includes William May.

Offering recap
Status: First close
Company: Elements Design
Industry: Retailing
Amount offered: $1 million
Amount placed: $200,000
First sale: 05-12-2014
Data as of: 05-22-2014

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s