SEC Comment Letter 0000000000-23-004248 to WESAVE, INC. (CIK 0001937130)
WESAVE, INC. (CIK 0001937130)
Date: April 26, 2023 · CIK: 0001937130 · Accession: 0000000000-23-004248
AI Filing Summary & Sentiment
File numbers found in text: 024-12085
Letter
United States securities and exchange commission logo April 26, 2023 Richard G. Stewart, Jr. President and Chairman WeSave, Inc. 24254 Main Street Newhall, CA 91321 Re:WeSave, Inc. Amendment No. 2 to Offering Statement on Form 1-A Filed April 6, 2023 File No. 024-12085 Dear Richard G. Stewart, Jr.: We have reviewed your amended offering statement and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our 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 comment, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our March 13, 2023 letter. Amendment No. 2 to Offering Statement on Form 1-A General 1.We note your response to comment 7 and disagree with your analysis. As the ERUs and RSUs are security-based swaps, they are ineligible securities for purposes of Regulation A. Accordingly, please withdraw your offering statement on Form 1-A.
FirstName LastNameRichard G. Stewart, Jr. Comapany NameWeSave, Inc. April 26, 2023 Page 2 FirstName LastName Richard G. Stewart, Jr. WeSave, Inc. April 26, 2023 Page 2 Please contact Alyssa Wall at 202-551-8106 or Dietrich King at 202-551-8071 with any questions. Sincerely, Division of Corporation Finance Office of Trade & Services cc: J. Martin Tate
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United States securities and exchange commission logo
April 26, 2023
Richard G. Stewart, Jr.
President and Chairman
WeSave, Inc.
24254 Main Street
Newhall, CA 91321
Re:WeSave, Inc.
Amendment No. 2 to Offering Statement on Form 1-A
Filed April 6, 2023
File No. 024-12085
Dear Richard G. Stewart, Jr.:
We have reviewed your amended offering statement and have the following comment. In
our comment, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe our 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 comment, we may have additional comments. Unless we note
otherwise, our references to prior comments are to comments in our March 13, 2023 letter.
Amendment No. 2 to Offering Statement on Form 1-A
General
1.We note your response to comment 7 and disagree with your analysis. As the ERUs and
RSUs are security-based swaps, they are ineligible securities for purposes of Regulation
A. Accordingly, please withdraw your offering statement on Form 1-A.
FirstName LastNameRichard G. Stewart, Jr.
Comapany NameWeSave, Inc.
April 26, 2023 Page 2
FirstName LastName
Richard G. Stewart, Jr.
WeSave, Inc.
April 26, 2023
Page 2
Please contact Alyssa Wall at 202-551-8106 or Dietrich King at 202-551-8071 with any
questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services
cc: J. Martin Tate