Capstone Event Group LLC, a North Carolina-based marketing company, raised more than $1 million in a private debt offering, according to a Securities and Exchange Commission filing on Wednesday.

The company filed the Form D on Oct. 25 and it did not disclose what it intended to do with the funds.

Capstone Event Group is a sports marketing and event management company. The company operates over 20 marathons and half marathons in 14 different states. Some of their brands include City of Oaks Marathon, Myrtle Beach Marathon, Charleston Marathon, Race 13.1 and The Resort Races Collection.

John Kane founded the company in 2011. He graduated from North Carolina State University in 2007 with a B.S. in sports management.

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 filing can be found by here.