Correspondence 0001213900-22-081039 from Fundhomes I, LLC (CIK 0001936818)
Fundhomes I, LLC (CIK 0001936818)
Date: Dec. 19, 2022 · CIK: 0001936818 · Accession: 0001213900-22-081039
AI Filing Summary & Sentiment
File numbers found in text: 024-11939
Letter
United States Securities and Exchange Division of Corporation Finance and Office of Re: Fundhomes 1, LLC Amendment No. 1 to Offering Statement on Form 1-A Filed December 1, 2022 File No. 024-11939
Dear Ladies and Gentlemen:
We have reviewed your letter requesting certain amendments and additional information in relation to our offering statement filed December 1, 2022, File No. 024-11939 (“Offering Statement”). We have made changes to the Offering Statement in additional to providing addition information to address your comments in your letter. Please see below for responsive comments to you letter.
Cover Page
1. Refer to prior comment 1. Please revise the Summary, Risk Factors and where appropriate to clarify the maximum time period during which investor funds could be held pending a closing without being accepted or rejected. In this regard, we note you retain discretion to terminate the offerings including in the event of the Company not raising enough capital prior to the date on which the property purchase is scheduled to close or the termination of the applicable purchase and sale agreement.
Response: The Company has added additional language in multiple locations of the Offering Statement that it shall accept or reject a subscription within ten (10) calendar days after receipt of an investor’s executed subscription agreement.
SEATTLE PORTLAND WASHINGTON, D.C. NEW YORK SPOKANE BEIJING
United States Securities and
Exchange Commission
December 19, 2022
Page 2
Please feel free to contact me if you have any questions at the above contact information.
Sincerely,
FOSTER GARVEY PC
Show Raw Text
CORRESP
1
filename1.htm
121
SW Morrison Street
11th
Floor
Portland,
OR 97204
Main:
503.228.3939
Fax:
503.226.0259
foster.com
Direct Phone: 503.553.3185
jason.powell@foster.com
December
19, 2022
United
States Securities and Exchange
Commission
Division
of Corporation Finance and Office of
Real
Estate & Construction
100
F Street, NE
Washington,
D.C. 20549
Re:
Fundhomes 1, LLC
Amendment No. 1 to Offering Statement on Form 1-A
Filed December 1, 2022
File No. 024-11939
Dear
Ladies and Gentlemen:
We
have reviewed your letter requesting certain amendments and additional information in relation to our offering statement filed December
1, 2022, File No. 024-11939 (“Offering Statement”). We have made changes to the Offering Statement in additional to
providing addition information to address your comments in your letter. Please see below for responsive comments to you letter.
Cover
Page
1. Refer
to prior comment 1. Please revise the Summary, Risk Factors and where appropriate to clarify the maximum
time period during which investor funds could be held pending a closing without being accepted or rejected.
In this regard, we note you retain discretion to terminate the offerings including in the event of
the Company not raising enough capital prior to the date on which the property purchase is scheduled
to close or the termination of the applicable purchase and sale agreement.
Response: The
Company has added additional language in multiple locations of the Offering Statement that
it shall accept or reject a subscription within ten (10) calendar days after receipt of an
investor’s executed subscription agreement.
SEATTLE
PORTLAND
WASHINGTON, D.C.
NEW YORK
SPOKANE
BEIJING
United States Securities and
Exchange Commission
December 19, 2022
Page 2
Please
feel free to contact me if you have any questions at the above contact information.
Sincerely,
FOSTER GARVEY PC
/s/ Jason M. Powell
Jason M. Powell
Principal
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