SEC Comment Letter 0000000000-23-012283 to Avvenire Electric Vehicle International Corp. (CIK 0001954261)
Avvenire Electric Vehicle International Corp. (CIK 0001954261)
Date: Nov. 9, 2023 · CIK: 0001954261 · Accession: 0000000000-23-012283
AI Filing Summary & Sentiment
File numbers found in text: 024-12330
Letter
United States securities and exchange commission logo November 9, 2023 Aldo Baiocchi Chief Executive Officer Avvenire Electric Vehicle International Corp. 3172 North Rainbow Boulevard #1254 Las Vegas, NV 89108 Re:Avvenire Electric Vehicle International Corp. Amendment No. 1 to Offering Statement on Form 1-A Filed October 27, 2023 File No. 024-12330 Dear Aldo Baiocchi: We have reviewed your amended offering statement and have the following comments. 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. Unless we note otherwise, any references to prior comments are to comments in our October 11, 2023 letter. Amendment No. 1 to Offering Statement on Form 1-A filed October 27, 2023 Security Ownership of Management and Certain Securityholders, page 34 1.We note your revisions in response to prior comment 14. It appears that you should revise the table on this page to include Aldo Baiocchi and Rob Abenante as beneficial owners. Refer to Items 12(a)(1) and (2) of Form 1-A. In addition, please include the address of each beneficial owner. Refer to Item 12(b)(1) of Form 1-A. Independent Auditor's Report, page F-17 2.We note your response to prior comment 26 and reissue the comment in part. Please have your auditor address the following in its audit report:
•The opinion paragraph should refer to accounting principles "generally" accepted in the United States of America; and •The heading of the going concern section should be "Substantial Doubt About the
FirstName LastNameAldo Baiocchi Comapany NameAvvenire Electric Vehicle International Corp. November 9, 2023 Page 2 FirstName LastName Aldo Baiocchi Avvenire Electric Vehicle International Corp. November 9, 2023 Page 2 Entity's Ability to Continue as a Going Concern". Refer to AU-C Section 570.24. Please contact Stephany Yang at 202-551-3167 or Jean Yu at 202-551-3305 if you have questions regarding comments on the financial statements and related matters. Please contact Thomas Jones at 202-551-3602 or Erin Purnell at 202-551-3454 with any other questions. Sincerely, Division of Corporation Finance Office of Manufacturing cc: Arden Anderson, Esq.
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United States securities and exchange commission logo
November 9, 2023
Aldo Baiocchi
Chief Executive Officer
Avvenire Electric Vehicle International Corp.
3172 North Rainbow Boulevard #1254
Las Vegas, NV 89108
Re:Avvenire Electric Vehicle International Corp.
Amendment No. 1 to Offering Statement on Form 1-A
Filed October 27, 2023
File No. 024-12330
Dear Aldo Baiocchi:
We have reviewed your amended offering statement and have the following comments.
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. Unless we note otherwise,
any references to prior comments are to comments in our October 11, 2023 letter.
Amendment No. 1 to Offering Statement on Form 1-A filed October 27, 2023
Security Ownership of Management and Certain Securityholders, page 34
1.We note your revisions in response to prior comment 14. It appears that you should revise
the table on this page to include Aldo Baiocchi and Rob Abenante as beneficial owners.
Refer to Items 12(a)(1) and (2) of Form 1-A. In addition, please include the address of
each beneficial owner. Refer to Item 12(b)(1) of Form 1-A.
Independent Auditor's Report, page F-17
2.We note your response to prior comment 26 and reissue the comment in part. Please have
your auditor address the following in its audit report:
•The opinion paragraph should refer to accounting principles "generally" accepted in
the United States of America; and
•The heading of the going concern section should be "Substantial Doubt About the
FirstName LastNameAldo Baiocchi
Comapany NameAvvenire Electric Vehicle International Corp.
November 9, 2023 Page 2
FirstName LastName
Aldo Baiocchi
Avvenire Electric Vehicle International Corp.
November 9, 2023
Page 2
Entity's Ability to Continue as a Going Concern". Refer to AU-C Section 570.24.
Please contact Stephany Yang at 202-551-3167 or Jean Yu at 202-551-3305 if you have
questions regarding comments on the financial statements and related matters. Please contact
Thomas Jones at 202-551-3602 or Erin Purnell at 202-551-3454 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing
cc: Arden Anderson, Esq.