Houston-based BOH Holdings Inc. has raised nearly $16.2 million in an offering involving equity and options, warrants or other rights to acquire another security.

The total offering amount is $17 million, with $850,000 remaining to be sold.

Forty-seven investors have already invested in the funding round, with the first sale having taken place April 30, according to a Form D filed May 7.

This offering is not being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer, according to the document.