SEC Comment Letter 0000000000-23-011107 to VV Markets LLC (CIK 0001822911)
VV Markets LLC (CIK 0001822911)
Date: Oct. 10, 2023 · CIK: 0001822911 · Accession: 0000000000-23-011107
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 024-11306
Letter
United States securities and exchange commission logo October 10, 2023 Nick King Chief Executive Officer VV Markets LLC 1717 E. Cary St. Richmond, VA, 23223 VV Markets LLC Re:VV Markets LLC Offering Statement on Form 1-A Post-qualification Amendment No. 14 Filed September 28, 2023 File No. 024-11306 Dear Nick King: We have reviewed your amendment and have the following comment(s). Please respond to this letter by amending your offering 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 offering statement and the information you provide in response to this letter, we may have additional comments. Amendment No. 14 to Offering Statement on Form 1-A filed September 28, 2023 Note 3 - Related Party Transactions, page F-51 1.Please revise to include an explanation for the series names that are accompanied by an asterisk. General 2.We note your revised disclosure under your Series Offering Table on page VII, that Series’ VV-RBV1, VV-AMW1, VV-MACAL6, and VV-SUPR2 have closed as of the date of this offering circular and, as a result, you have removed underlying asset description of these series on page 39. However, on page 150-151, you indicate that Series VV-MACAL6 has not yet closed. Please revise your Security Ownership of Management and Certain Securityholders table to reconcile or explain the inconsistencies.
FirstName LastNameNick King Comapany NameVV Markets LLC October 10, 2023 Page 2 FirstName LastName Nick King VV Markets LLC October 10, 2023 Page 2 We will consider qualifying your offering statement at your request. If a participant in your offering is required to clear its compensation arrangements with FINRA, please have FINRA advise us that it has no objections to the compensation arrangements prior to qualification. 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 Jennie Beysolow at 202-551-8108 or Lilyanna Peyser at 202-551-3222 with any other questions. Sincerely, Division of Corporation Finance Office of Trade & Services cc: Andrew Stephenson, Esq.
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United States securities and exchange commission logo
October 10, 2023
Nick King
Chief Executive Officer
VV Markets LLC
1717 E. Cary St.
Richmond, VA, 23223
VV Markets LLC
Re:VV Markets LLC
Offering Statement on Form 1-A
Post-qualification Amendment No. 14
Filed September 28, 2023
File No. 024-11306
Dear Nick King:
We have reviewed your amendment and have the following comment(s).
Please respond to this letter by amending your offering 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 offering statement and the information you provide in
response to this letter, we may have additional comments.
Amendment No. 14 to Offering Statement on Form 1-A filed September 28, 2023
Note 3 - Related Party Transactions, page F-51
1.Please revise to include an explanation for the series names that are accompanied by an
asterisk.
General
2.We note your revised disclosure under your Series Offering Table on page VII, that
Series’ VV-RBV1, VV-AMW1, VV-MACAL6, and VV-SUPR2 have closed as of the
date of this offering circular and, as a result, you have removed underlying asset
description of these series on page 39. However, on page 150-151, you indicate that Series
VV-MACAL6 has not yet closed. Please revise your Security Ownership of Management
and Certain Securityholders table to reconcile or explain the inconsistencies.
FirstName LastNameNick King
Comapany NameVV Markets LLC
October 10, 2023 Page 2
FirstName LastName
Nick King
VV Markets LLC
October 10, 2023
Page 2
We will consider qualifying your offering statement at your request. If a participant in
your offering is required to clear its compensation arrangements with FINRA, please have
FINRA advise us that it has no objections to the compensation arrangements prior to
qualification.
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 Jennie Beysolow at 202-551-8108 or Lilyanna Peyser at 202-551-3222
with any other questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services
cc: Andrew Stephenson, Esq.