SEC Comment Letter 0000000000-24-005183 to KINETIC GROUP INC. (KNIT) (CIK 0001696195)
KINETIC GROUP INC. (KNIT) (CIK 0001696195)
Date: May 7, 2024 · CIK: 0001696195 · Accession: 0000000000-24-005183
AI Filing Summary & Sentiment
File numbers found in text: 333-216047
Letter
United States securities and exchange commission logo May 7, 2024 Ana Maria Mendez President Kinetic Group Inc. 2801 NW 74TH Avenue Miami FL 33122 Re:Kinetic Group Inc. Form 8-K filed May 3, 2024 File No. 333-216047 Dear Ana Maria Mendez: We have reviewed your filing and have the following comment. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 8-K filed May 3, 2024 Item 4.02 Non-Reliance on Previously Issued Financial Statements, page 3 1.Please amend your report to include the date of the Company's non-reliance determination, and a brief description of the facts underlying your conclusion regarding non-reliance in accordance with Item 4.02 of Form 8-K. Your revised disclosure should describe the accounting error(s) identified and to the extent known its effects on your financial statements.
FirstName LastNameAna Maria Mendez Comapany NameKinetic Group Inc. May 7, 2024 Page 2 FirstName LastName Ana Maria Mendez Kinetic Group Inc. May 7, 2024 Page 2 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 Abe Friedman at 202-551-8298 or Lyn Shenk at 202-551-3380 with any questions. Sincerely, Division of Corporation Finance Office of Trade & Services
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United States securities and exchange commission logo
May 7, 2024
Ana Maria Mendez
President
Kinetic Group Inc.
2801 NW 74TH Avenue
Miami FL 33122
Re:Kinetic Group Inc.
Form 8-K filed May 3, 2024
File No. 333-216047
Dear Ana Maria Mendez:
We have reviewed your filing and have the following comment.
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Form 8-K filed May 3, 2024
Item 4.02 Non-Reliance on Previously Issued Financial Statements, page 3
1.Please amend your report to include the date of the Company's non-reliance
determination, and a brief description of the facts underlying your conclusion
regarding non-reliance in accordance with Item 4.02 of Form 8-K. Your revised disclosure
should describe the accounting error(s) identified and to the extent known its effects on
your financial statements.
FirstName LastNameAna Maria Mendez
Comapany NameKinetic Group Inc.
May 7, 2024 Page 2
FirstName LastName
Ana Maria Mendez
Kinetic Group Inc.
May 7, 2024
Page 2
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 Abe Friedman at 202-551-8298 or Lyn Shenk at 202-551-3380 with any
questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services