WAKE FOREST – A Wake Forest, North Carolina-based company sold $1.75 million in shares in a private stock offering, according to a Securities and Exchange Commission filing.

Maverick Training Corp. filed the Form D on September 5. It did not disclose what it intended to do with the proceeds. There is $250,000 of the original $2 million offering that remains to be sold.

Maverick Solutions

[The firm operates as Maverick Solutions and focuses on training for Oracle Cloud products.

[Five investors contributed to the funding.]

Maverick Training Corp. operates under owner and director Fred Canon.

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 online.

This story is from the North Carolina Business News Wire, a service of UNC-Chapel Hill’s School of Media and Journalism