SEC Comment Letter for TEB Bancorp, Inc. (TBBA) (CIK 0001751700) — Feb 11, 2020
TEB Bancorp, Inc. (TBBA) (CIK 0001751700)
Date: Feb. 11, 2020 · CIK: 0001751700 · Accession: 0000000000-20-001244
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File numbers found in text: 000-56049
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February 7, 2020
Jennifer Provancher
President and Chief Financial Officer
TEB Bancorp, Inc.
2290 N. Mayfair Road
Wauwatosa, WI 53226
Re:TEB Bancorp, Inc.
Form 10-K for Fiscal Year Ended June 30, 2019
Filed September 30, 2019
File No. 000-56049
Dear Ms. Provancher:
We have reviewed your filing 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 comment 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 our
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this comment, we may have additional comments.
Form 10-K Filed September 20, 2019
Item 15. Exhibits and Financial Statement Schedules
4.2 Description of Registrant's Securities, page 54
1.We note that your forum selection provision in your articles of incorporation identifies a
state or federal court in the state of Maryland as the exclusive forum for certain litigation,
including any “derivative action.” Please revise future filings to disclose whether this
provision applies to actions arising under the Securities Act or Exchange Act. If so,
please also state that there is uncertainty as to whether a court would enforce such
provision.
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.
FirstName LastNameJennifer Provancher
Comapany NameTEB Bancorp, Inc.
February 7, 2020 Page 2
FirstName LastName
Jennifer Provancher
TEB Bancorp, Inc.
February 7, 2020
Page 2
You may contact William Schroeder, Staff Accountant, at 202-551-3294 or
Michael Volley, Staff Accountant, at 202-551-3437 if you have any questions.
Sincerely,
Division of Corporation Finance
Office of Finance