The majority owners of the Richmond Kickers soccer club are seeking to raise up $6 million in new equity funding, according to a Securities and Exchange Commission filing.
22 Holdings LLC, which is led by Kickers Chairman and CEO Rob Ukrop, has raised $2.25 million so far from six investors, according to the Dec. 15 filing. The first sale related to the new funding occurred Dec. 4, according to the filing.
Ukrop declined to comment. Sometimes executives decline to comment on active funding raises for fear of running afoul of SEC rules.
Ukrop and 22 Holdings, which is composed of several other former Davidson College soccer players, purchased their majority stake in the club in 2018 from Richmond Kickers Youth Soccer Club. The nonprofit youth soccer organization maintained a minority stake when that deal closed.
22 Holdings set out to raise more than $2 million in 2019, according to Richmond BizSense.
The Kickers finished 11th in the 12-team USL League One this year. The club plays its home games at Richmond’s City Stadium.
