Charlotte-based QuintEvents Raises $5.5 Million in Equity

QuintEvents LLC, an event organizing firm that handles VIP ticket bundling for large sporting events, has raised $5.5 million, according to a Thursday filing with the Securities and Exchange Commission.

The $5.5 million was raised in equity, and the filing did not disclose what the company intends to do with the money.

The money was raised from a single investor.

The company is led by Chief Executive Officer Brian Learst and his partner Ken Kurek.

Learst and Kurek founded the company in 2004 in Learst’s basement.

According to the company’s website, QuintEvents represents “some of the greatest names in sports and entertainment offering official ticket packages to 65+ events around the world.”

The Charlotte-based company announced in March 2017 that it was looking to expand the company, hiring 25-30 people to its 55-person workforce.

QuintEvents is the official event experiences provider for the Pro Football Hall of Fame, offering official ticket packages for Super Bowl LII in Minneapolis, Minnesota, on Feb. 4 2017, at U.S. Bank Stadium.

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.

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