SEC Comment Letter 0000000000-24-010457 to Tesseract Collective, Inc. (CIK 0001934924)
Tesseract Collective, Inc. (CIK 0001934924)
Date: Sept. 16, 2024 · CIK: 0001934924 · Accession: 0000000000-24-010457
AI Filing Summary & Sentiment
File numbers found in text: 024-12494
Letter
September 16, 2024 Richard Seet Chief Executive Officer Tesseract Collective, Inc. 45 Rockefeller Plaza, 20th Floor New York, NY 10111 Re:Tesseract Collective, Inc. Offering Statement on Form 1-A Filed August 29, 2024 File No. 024-12494 Dear Richard Seet: We have reviewed your offering statement and have the following comment. 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. Offering Statement on Form 1-A filed August 29, 2024 General 1.Please revise Part I, Item 1 to include the financial information in the Financial Statements section to match your most recent interim June 30, 2024 information included in Parts II and III. 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. We also remind you that, following qualification of your Form 1-A, Rule 257 of Regulation A requires you to file periodic and current reports, including a Form 1-K which will be due within 120 calendar days after the end of the fiscal year covered by the report.
September 16, 2024 Page 2 Please contact Bonnie Baynes at 202-551-4924 or David Irving at 202-551-3321 if you have questions regarding comments on the financial statements and related matters. Please contact Irene Paik at 202-551-6553 or J. Nolan McWilliams at 202-551-3217 with any other questions. Sincerely, Division of Corporation Finance Office of Crypto Assets cc:Janeane Ferrari
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September 16, 2024
Richard Seet
Chief Executive Officer
Tesseract Collective, Inc.
45 Rockefeller Plaza, 20th Floor
New York, NY 10111
Re:Tesseract Collective, Inc.
Offering Statement on Form 1-A
Filed August 29, 2024
File No. 024-12494
Dear Richard Seet:
We have reviewed your offering statement and have the following comment.
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.
Offering Statement on Form 1-A filed August 29, 2024
General
1.Please revise Part I, Item 1 to include the financial information in the Financial
Statements section to match your most recent interim June 30, 2024 information included
in Parts II and III.
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. We also remind you that, following qualification of your Form 1-A, Rule 257 of
Regulation A requires you to file periodic and current reports, including a Form 1-K which will
be due within 120 calendar days after the end of the fiscal year covered by the report.
September 16, 2024
Page 2
Please contact Bonnie Baynes at 202-551-4924 or David Irving at 202-551-3321 if you
have questions regarding comments on the financial statements and related matters. Please
contact Irene Paik at 202-551-6553 or J. Nolan McWilliams at 202-551-3217 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Crypto Assets
cc:Janeane Ferrari