SEC Comment Letter 0000000000-23-001567 to INNERSCOPE HEARING TECHNOLOGIES, INC. (INNDD) (CIK 0001609139)
INNERSCOPE HEARING TECHNOLOGIES, INC. (INNDD) (CIK 0001609139)
Date: Feb. 15, 2023 · CIK: 0001609139 · Accession: 0000000000-23-001567
AI Filing Summary & Sentiment
File numbers found in text: 024-12138
Letter
United States securities and exchange commission logo February 15, 2023 Matthew Moore Chief Executive Officer Innerscope Hearing Technologies, Inc. 2151 Professional Drive, Second Floor Roseville, California 9566 Re:Innerscope Hearing Technologies, Inc. Offering Statement on Form 1-A Filed January 26, 2023 File No. 024-12138 Dear Matthew Moore: We have reviewed your offering statement and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our 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 our comment, we may have additional comments. Offering Statement on Form 1-A filed January 26, 2023 General 1.You have checked the box indicating you meet the criteria for eligibility for the use of Form 1-A, including the criteria specified in Rule 251(b)(7) under the Securities Act. In this regard, we note that you filed Forms 8-K during 2022, filed a Form 10-K for the fiscal year ended December 31, 2020 and a Form 10-Q for the fiscal period ended March 31, 2020 in late2022/early 2023, and have not filed any other periodic reports since your Form 10-Q for the period ended September 30, 2019. Please provide us with an analysis of your current reporting status and the nature of your filing obligations, so that we may further consider your eligibility under Rule 251(b)(7). 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
FirstName LastNameMatthew Moore Comapany NameInnerscope Hearing Technologies, Inc. February 15, 2023 Page 2 FirstName LastName Matthew Moore Innerscope Hearing Technologies, Inc. February 15, 2023 Page 2 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. You may contact Scott Anderegg at 202-551-3342 or Lilyanna Peyser at 202-551-3222 with any questions. Sincerely, Division of Corporation Finance Office of Trade & Services
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United States securities and exchange commission logo
February 15, 2023
Matthew Moore
Chief Executive Officer
Innerscope Hearing Technologies, Inc.
2151 Professional Drive, Second Floor
Roseville, California 9566
Re:Innerscope Hearing Technologies, Inc.
Offering Statement on Form 1-A
Filed January 26, 2023
File No. 024-12138
Dear Matthew Moore:
We have reviewed your offering statement and have the following comment. In our
comment, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe our 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 our comment, we may have additional comments.
Offering Statement on Form 1-A filed January 26, 2023
General
1.You have checked the box indicating you meet the criteria for eligibility for the use of
Form 1-A, including the criteria specified in Rule 251(b)(7) under the Securities Act. In
this regard, we note that you filed Forms 8-K during 2022, filed a Form 10-K for the fiscal
year ended December 31, 2020 and a Form 10-Q for the fiscal period ended March 31,
2020 in late2022/early 2023, and have not filed any other periodic reports since your Form
10-Q for the period ended September 30, 2019. Please provide us with an analysis of your
current reporting status and the nature of your filing obligations, so that we may further
consider your eligibility under Rule 251(b)(7).
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
FirstName LastNameMatthew Moore
Comapany NameInnerscope Hearing Technologies, Inc.
February 15, 2023 Page 2
FirstName LastName
Matthew Moore
Innerscope Hearing Technologies, Inc.
February 15, 2023
Page 2
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.
You may contact Scott Anderegg at 202-551-3342 or Lilyanna Peyser at 202-551-3222
with any questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services