SEC Company Response from Worthy Peer Capital II, Inc. (CIK 0001800207) — Mar 12, 2020
Worthy Peer Capital II, Inc. (CIK 0001800207)
Date: March 12, 2020 · CIK: 0001800207 · Accession: 0001493152-20-003790
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File numbers found in text: 024-11150
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CORRESP
1
filename1.htm
ANTHONY
L.G., PLLC
laura
aNTHONy, esq
GEOFFREY
ASHBURNE, ESQ*
JOHN
CACOMANOLIS, ESQ**
CHAD
FRIEND, ESQ, LLM
SVETLANA
ROVENSKAYA, ESQ***
www.ANTHONYPLLC.com
WWW.SECURITIESLAWBLOG.COM
WWW.LAWCAST.COM
DIRECT
E-MAIL:
LANTHONY@ANTHONYPLLC.COM
OF
COUNSEL:
MICHAEL
R. GEROE, ESQ, CIPP/US****
CRAIG
D. LINDER, ESQ*****
PETER
P. LINDLEY, ESQ, CPA, MBA
KIMBERLY
L. RUDGE, ESQ
STUART
REED, ESQ
MARC
S. WOOLF, ESQ
*licensed
in CA
**licensed
in FL and NY
***licensed
in NY and NJ
****licensed
in CA, DC, MO and NY
*****licensed
in CA, FL and NY
March
12, 2020
VIA
ELECTRONIC EDGAR FILING
Office
of Finance
Division
of Corporation Finance
Securities
and Exchange Commission
100
F. Street, N.E.
Washington,
D.C. 20549
Re:
Worthy
Peer Capital II, Inc.
Amendment
No. 1 to Offering Statement on Form 1-A
Filed
March 9, 2020
File
No. 024-11150
Dear
Sir or Madam:
We
have electronically filed herewith on behalf of Worthy Peer Capital II, Inc. (the “Company”) Amendment No. 2 (“Amendment
No. 2”) to the above-referenced offering statement on Form 1-A originally filed on February 5, 2020 as amended on March
9, 2020 (“Form 1-A”). Amendment No. 2 is marked with < R > tags to show changes made from Amendment No. 1 to
the Form 1-A filed on March 9, 2020. In addition, we have included a narrative response herein keyed to the comments of the staff
of the Division of Corporation Finance (the “Staff”) set forth in the Staff’s comment letter to Sally Outlaw
dated March 11, 2020. We trust you shall deem Amendment No. 2 and the contents of this transmittal letter responsive to your comment
letter.
Office
of Finance
Division
of Corporation Finance
Securities
and Exchange Commission
March
12, 2020
Page
2
Part
II
Description
of Worthy II Bonds
Jury
Trial and Class Actions Waivers, page 31
Comment:
1.
Please revise this section to clarify whether the jury trial and class action waivers apply if an investor opts out of the
arbitration provision. In this regard, we note that your disclosure on page 15 suggests that, if the investor opts out of the
arbitration provision, the investor has also opted out of the jury trial and class action waivers. Please make conforming revisions
throughout the offering circular.
Response:
In
response to the Staff’s comment, the Company has revised the Form 1-A on page 15, as well as on page 31, to clarify that
if the investor opts out of the arbitration provision, the investor has also opted out of the jury trial and class action waivers.
Part
III Exhibits
Index
to Exhibits, page 39
Comment:
2.
We note your response to comment 10 and the revisions to the form of Worthy II Bond Investor Agreement. Please revise Section
5(b)(iv) of Exhibit 4.1 to remove the statement that the investor has reviewed the Offering Circular.
Response:
In
response to the Staff’s comment, the Company has removed the statement that the investor has reviewed the Offering Circular
from Section 5(b)(iv) of Exhibit 4.1.
If
the Staff has any further comments regarding the Form 1-A, Amendment No.2 or any subsequent amendments to the Company’s
offering statement on Form 1-A, please feel free to contact the undersigned.
Anthony
L.G., PLLC
By:
/s/
Laura Anthony
Laura
Anthony, Esq.
cc:
Michael
Henderson/ U.S. Securities and Exchange Commission
Hugh
West /U.S. Securities and Exchange Commission
Sonia
Bednarowski/U.S. Securities and Exchange Commission
Dietrich
King/U.S. Securities and Exchange Commission
Sally
Outlaw/Worthy Peer Capital II, Inc.
Craig
D. Linder, Esq./Anthony L.G., PLLC
625
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● FAX 561-514-0832