SEC Comment Letter 0000000000-24-004938 to Dynamic Shares Trust (WEIX) (CIK 0001771951)
Dynamic Shares Trust (WEIX) (CIK 0001771951)
Date: May 1, 2024 · CIK: 0001771951 · Accession: 0000000000-24-004938
AI Filing Summary & Sentiment
File numbers found in text: 333-277681
Letter
United States securities and exchange commission logo May 1, 2024 Weixuan Zhang Chief Executive Officer Dynamic Shares Trust 401 W Superior St, Suite 300 Chicago, IL 60654 Re:Dynamic Shares Trust Pre-Effective Amendment No. 1 to Registration Statement on Form S-1 Filed April 25, 2024 File No. 333-277681 Dear Weixuan Zhang: We have reviewed your amended registration statement and have the following comment. Please respond to this letter by amending your registration 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 registration statement and the information you provide in response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our March 18, 2024 letter. Pre-Effective Amendment No. 1 to FORM S-1 Incorporation of Information by Reference, page 75 1.Refer to your response to prior comment 2. We note the website you provide on page 75, www.dynamicshares.com, redirects to https://arrowfunds.com/ and that your periodic and current reports do not appear to be available on that website. Please revise to provide the address of a website maintained by or for you where the reports filed pursuant to Section 13 or Section 15(d) of the Exchange Act that you incorporate by reference are readily available and accessible. In this regard we note you refer investors to http://www.dynamicsharesetf.com elsewhere in your registration statement.
FirstName LastNameWeixuan Zhang Comapany NameDynamic Shares Trust May 1, 2024 Page 2 FirstName LastName Weixuan Zhang Dynamic Shares Trust May 1, 2024 Page 2 Please contact Austin Stanton at 202-551-2197 or David Gessert at 202-551-2326 with any other questions. Sincerely, Division of Corporation Finance Office of Crypto Assets cc: Jim Audette
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United States securities and exchange commission logo
May 1, 2024
Weixuan Zhang
Chief Executive Officer
Dynamic Shares Trust
401 W Superior St, Suite 300
Chicago, IL 60654
Re:Dynamic Shares Trust
Pre-Effective Amendment No. 1 to Registration Statement on Form S-1
Filed April 25, 2024
File No. 333-277681
Dear Weixuan Zhang:
We have reviewed your amended registration statement and have the following comment.
Please respond to this letter by amending your registration 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 registration statement and the information you
provide in response to this letter, we may have additional comments. Unless we note otherwise,
any references to prior comments are to comments in our March 18, 2024 letter.
Pre-Effective Amendment No. 1 to FORM S-1
Incorporation of Information by Reference, page 75
1.Refer to your response to prior comment 2. We note the website you provide on page 75,
www.dynamicshares.com, redirects to https://arrowfunds.com/ and that your periodic and
current reports do not appear to be available on that website. Please revise to provide the
address of a website maintained by or for you where the reports filed pursuant to Section
13 or Section 15(d) of the Exchange Act that you incorporate by reference are readily
available and accessible. In this regard we note you refer investors to
http://www.dynamicsharesetf.com elsewhere in your registration statement.
FirstName LastNameWeixuan Zhang
Comapany NameDynamic Shares Trust
May 1, 2024 Page 2
FirstName LastName
Weixuan Zhang
Dynamic Shares Trust
May 1, 2024
Page 2
Please contact Austin Stanton at 202-551-2197 or David Gessert at 202-551-2326 with
any other questions.
Sincerely,
Division of Corporation Finance
Office of Crypto Assets
cc: Jim Audette