Correspondence 0001683168-23-002358 from EXCEED TALENT CAPITAL HOLDINGS LLC (CIK 0001956060)
EXCEED TALENT CAPITAL HOLDINGS LLC (CIK 0001956060)
Date: April 13, 2023 · CIK: 0001956060 · Accession: 0001683168-23-002358
AI Filing Summary & Sentiment
File numbers found in text: 024-12122
Referenced dates: April 13, 2023
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CORRESP
1
filename1.htm
April 13, 2023
Division of Corporation Finance
Office of Trade & Services
Securities and Exchange Commission
Washington DC 20549
Re:
Exceed Talent Capital Holdings LLC
Amendment No. 2 to Offering Statement on Form 1-A
Filed March 30, 2023
File No. 024-12122
Ladies and Gentlemen:
We acknowledge receipt of the comments in the letter dated
April 13, 2023 from the staff of the Division of Corporate Finance - Office of Trade & Services (the “Staff”) regarding
the Offering Statement of Exceed Talent Capital Holdings LLC (the “Company”), which we have set out below, together with our
responses.
Amendment No. 2 to Offering Statement on Form 1-A
Risk Factors, Page 6
1.
We note your response to comments 3 and 4 and that you
have removed the risk factor on page 15 regarding NFTs. Please revise to include risk factor disclosure that addresses the issuance of
the Rookie Class NFTs and the potential regulatory risks under the U.S. federal securities laws if such NFTs are determined to be securities,
such as compliance with Section 5 of the Securities Act..
The Company has revised the Offering Statement to add a risk
factor regarding the regulatory risks to the Company under the U.S. federal securities laws if such NFTs previously issued by our Managing
Member are determined to be securities.
General
2.
We note your response to comments 3 and 4, as well as
your previous related responses. While we do not have any further comments at this time regarding your responses, please confirm your
understanding that our decision not to issue additional comments should not be interpreted to mean that we either agree or disagree with
your responses, including any conclusions you have made, positions you have taken and practices you have engaged in or may engage in with
respect to this matter, including in regards to any NFTs or other crypto assets that you may develop or mint in the future or that you
may support or facilitate the minting or trading of in the future.
The Company confirms its understanding that the Staff’s
decision not to issue additional comments should not be interpreted to mean that the Staff either agrees or disagrees with the Company’s
responses, including any conclusions the Company has made, positions the Company has taken, and practices the Company has engaged in or
may engage in with respect to this matter, including in regards to any NFTs or other crypto assets that the Company or its Managing Member
may develop or mint, or may support or facilitate the minting or trading of in the future.
3.
We note your response to comment 5, as well as your previous related responses. While we do not have any further comments at this time regarding your responses, please confirm your understanding that our decision not to issue additional comments should not be interpreted to mean that we either agree or disagree with your responses, including any conclusions you have made, positions you have taken and practices you have engaged in or may engage in with respect to this matter.
The Company confirms its understanding that the Staff’s decision not to issue additional comments should not be interpreted to mean that the Staff either agrees or disagrees with the Company’s responses, including any conclusions the Company has made, positions the Company has taken and practices the Company has engaged in or may engage in with respect to this matter.
Thank you again for the opportunity to respond to your
questions to the offering statement of Exceed Talent Capital Holdings LLC. If you have additional questions or comments, please contact
me at andrew@crowdchecklaw.com.
Sincerely,
/s/ Andrew Stephenson
Andrew Stephenson
Partner
CrowdCheck Law LLP
cc: Anthony Martini