SEC Comment Letter 0000000000-24-011075 to Concreit Series LLC (CIK 0001990419)
Concreit Series LLC (CIK 0001990419)
Date: Sept. 30, 2024 · CIK: 0001990419 · Accession: 0000000000-24-011075
AI Filing Summary & Sentiment
File numbers found in text: 024-12508
Letter
September 30, 2024 Sean Hsieh Chief Executive Officer Concreit Series LLC 1201 3rd Ave., Suite 2200 Seattle, WA 98101 Re:Concreit Series LLC Offering Statement on Form 1-A Filed September 19, 2024 File No. 024-12508 Dear Sean Hsieh: We have reviewed your 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. Offering Statement on Form 1-A Unaudited Pro Forma Combined Financial Statements, page 14 1.Please include the pro forma financial information for Concreit Series 7260 Scotlyn Way White House TN, as this appears to be material to the company, or advise. General 2.In your next amendment, please include your interim financial statements as of a date no earlier than six months after your most recently completed fiscal year end. Refer to Part F/S (b)(3)(B), (b)(5) and (c)(1)(i) of Form 1-A. 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.
September 30, 2024 Page 2 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. Please contact Kibum Park at 202-551-6836 or Brigitte Lippmann at 202-551-3713 with any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc:Saher Hamideh, Esq.
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September 30, 2024
Sean Hsieh
Chief Executive Officer
Concreit Series LLC
1201 3rd Ave., Suite 2200
Seattle, WA 98101
Re:Concreit Series LLC
Offering Statement on Form 1-A
Filed September 19, 2024
File No. 024-12508
Dear Sean Hsieh:
We have reviewed your 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.
Offering Statement on Form 1-A
Unaudited Pro Forma Combined Financial Statements, page 14
1.Please include the pro forma financial information for Concreit Series 7260 Scotlyn Way
White House TN, as this appears to be material to the company, or advise.
General
2.In your next amendment, please include your interim financial statements as of a date no
earlier than six months after your most recently completed fiscal year end. Refer to Part
F/S (b)(3)(B), (b)(5) and (c)(1)(i) of Form 1-A.
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.
September 30, 2024
Page 2
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.
Please contact Kibum Park at 202-551-6836 or Brigitte Lippmann at 202-551-3713 with
any questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc:Saher Hamideh, Esq.