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SEC Comment Letter 0000000000-24-012424 to Regen BioPharma Inc (RGBP)

Regen BioPharma Inc
Date: Nov. 7, 2024 · CIK: 0001589150 · Accession: 0000000000-24-012424

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File numbers found in text: 024-12505

Date
November 7, 2024
Author
Lauren Hamill
Form
UPLOAD
Company
Regen BioPharma Inc

Letter

November 7, 2024 David Koos Chief Executive Officer Regen BioPharma Inc. 4700 Spring Street, Suite 304 La Mesa, CA 91942 Re:Regen BioPharma Inc. Amendment No. 1 to Offering Statement on Form 1-A Filed October 28, 2024 File No. 024-12505 Dear David Koos: We have reviewed your offering statement and have the following comments. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your offering statement and the information you provide in response to this letter, we may have additional comments. Amendment No. 1 to Offering Statement on Form 1-A Executive Compensation, page 24 1.Please revise to include executive compensation disclosure for the fiscal year ended September 30, 2024. Refer to Item 11 of Form 1-A. Financial Statements, page 39 2.We refer to prior comment 1 and note that your amended offering statement includes audited financial statements for the fiscal year ended September 30, 2023. Please revise to include the date of the independent auditor's report. 3.We note that you have amended the Form 1-A offering statement to include unaudited financial statements for the fiscal year ended September 30, 2024. In your response letter, please tell us, as applicable, when you expect to have a PCAOB-registered auditor complete the audit for this period. Also, please confirm, as applicable, that you plan to file a post-qualification amendment to this Form 1-A once this audit is completed in order to include the audited financial statements for the fiscal year ended September 30, 2024 as well as a consent from this auditor.

November 7, 2024 Page 2 General 4.We note that you have publicly released your financial statements for the fiscal year ended September 30, 2024 via this amended Form 1-A offering statement, but you have not presented any of this information in an Exchange Act report. Please tell us what consideration you have given to filing a Form 8-K under Item 2.02 relating to your results of operations and financial condition for the completed September 30, 2024 fiscal period. We will consider qualifying your offering statement at your request. In connection with your request, please confirm in writing that at least one state has advised you that it is prepared to qualify or register your offering. If a participant in your offering is required to clear its compensation arrangements with FINRA, please have FINRA advise us that it has no objections to the compensation arrangements prior to qualification. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Lauren Hamill at 303-844-1008 or Joe McCann at 202-551-6262 with any other questions. Sincerely, Division of Corporation Finance Office of Life Sciences cc:Joseph Vaini

Show Raw Text
November 7, 2024
David Koos
Chief Executive Officer
Regen BioPharma Inc.
4700 Spring Street, Suite 304
La Mesa, CA 91942
Re:Regen BioPharma Inc.
Amendment No. 1 to Offering Statement on Form 1-A
Filed October 28, 2024
File No. 024-12505
Dear David Koos:
            We have reviewed your offering statement and have the following comments.
            Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe a comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response. After reviewing any amendment to your offering statement and the information you
provide in response to this letter, we may have additional comments.
Amendment No. 1 to Offering Statement on Form 1-A
Executive Compensation, page 24
1.Please revise to include executive compensation disclosure for the fiscal year ended
September 30, 2024. Refer to Item 11 of Form 1-A.
Financial Statements, page 39
2.We refer to prior comment 1 and note that your amended offering statement
includes audited financial statements for the fiscal year ended September 30, 2023.
Please revise to include the date of the independent auditor's report.
3.We note that you have amended the Form 1-A offering statement to include unaudited
financial statements for the fiscal year ended September 30, 2024. In your response
letter, please tell us, as applicable, when you expect to have a PCAOB-registered
auditor complete the audit for this period.  Also, please confirm, as applicable, that
you plan to file a post-qualification amendment to this Form 1-A once this audit is
completed in order to include the audited financial statements for the fiscal year ended
September 30, 2024 as well as a consent from this auditor.

November 7, 2024
Page 2
General
4.We note that you have publicly released your financial statements for the fiscal year
ended September 30, 2024 via this amended Form 1-A offering statement, but you
have not presented any of this information in an Exchange Act report. Please tell us
what consideration you have given to filing a Form 8-K under Item 2.02 relating to
your results of operations and financial condition for the completed September 30,
2024 fiscal period.
            We will consider qualifying your offering statement at your request. In connection
with your request, please confirm in writing that at least one state has advised you that it is
prepared to qualify or register your offering. If a participant in your offering is required to
clear its compensation arrangements with FINRA, please have FINRA advise us that it has no
objections to the compensation arrangements prior to qualification.
            We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence
of action by the staff.
            Please contact Lauren Hamill at 303-844-1008 or Joe McCann at 202-551-6262 with
any other questions.
Sincerely,
Division of Corporation Finance
Office of Life Sciences
cc:Joseph Vaini