Correspondence 0001493152-24-020295 from Dynamic Shares Trust (WEIX) (CIK 0001771951)
Dynamic Shares Trust (WEIX) (CIK 0001771951)
Date: May 16, 2024 · CIK: 0001771951 · Accession: 0001493152-24-020295
AI Filing Summary & Sentiment
File numbers found in text: 333-277681
Letter
Via EDGAR Correspondence United States Securities and Exchange Commission Division of Corporation Finance F Street, N.E. Washington, D.C. 20549 Re: Dynamic Shares Trust File No. 333-277681
Dear Mss. Stanton and Gessert:
This letter responds to your comments regarding Pre-Effective Amendment No. 1 to the registration statement filed on Form S-1 for Dynamic Shares Trust (the “Trust”) with the Staff of the Securities and Exchange Commission (the “Staff”) on April 25, 2024 (the “Registration Statement”). Capitalized terms used herein, but not otherwise defined, have the meanings ascribed to them in the Registration Statement.
Comment 1 – Incorporation of Information by Reference, page 75
Refer to your response to prior comment 2 in the correspondence filed for the Registration Statement on April 25, 2024. The Staff notes 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.
Response to Comment 1
The references to the Trust’s website in the Registration Statement have been corrected. Any hyperlinks have also been corrected to direct to the corresponding website.
********
United States Securities and Exchange Commission
Division of Corporation Finance
May 16, 2024
Page
Please call me at (312) 845-3421 if you have any questions or issues you would like to discuss regarding these matters.
Sincerely
yours,
Chapman
and Cutler llp
Show Raw Text
CORRESP
1
filename1.htm
James
Audette
Partner
Chapman
and Cutler LLP
320
South Canal Street, 27th Floor
Chicago,
Illinois 60606
T
312.845.3000
D
312.845.3421
F
312.516.1421
audette@chapman.com
May
16, 2024
Via
EDGAR Correspondence
United
States Securities and Exchange Commission
Division
of Corporation Finance
100
F Street, N.E.
Washington,
D.C. 20549
Re:
Dynamic
Shares Trust
File
No. 333-277681
Dear
Mss. Stanton and Gessert:
This
letter responds to your comments regarding Pre-Effective Amendment No. 1 to the registration statement filed on Form S-1 for Dynamic
Shares Trust (the “Trust”) with the Staff of the Securities and Exchange Commission (the “Staff”)
on April 25, 2024 (the “Registration Statement”). Capitalized terms used herein, but not otherwise defined, have the
meanings ascribed to them in the Registration Statement.
Comment
1 – Incorporation of Information by Reference, page 75
Refer
to your response to prior comment 2 in the correspondence filed for the Registration Statement on April 25, 2024. The Staff notes 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.
Response
to Comment 1
The
references to the Trust’s website in the Registration Statement have been corrected. Any hyperlinks have also been corrected to
direct to the corresponding website.
********
United
States Securities and Exchange Commission
Division
of Corporation Finance
May
16, 2024
Page
2
Please
call me at (312) 845-3421 if you have any questions or issues you would like to discuss regarding these matters.
Sincerely
yours,
Chapman
and Cutler llp
By:
/s/
James Audette
James
Audette