SEC Comment Letter 0000000000-24-006025 to Source Agriculture Corp. (CIK 0002006028)
Source Agriculture Corp. (CIK 0002006028)
Date: May 24, 2024 · CIK: 0002006028 · Accession: 0000000000-24-006025
AI Filing Summary & Sentiment
File numbers found in text: 024-12411
Letter
United States securities and exchange commission logo May 23, 2024 Varandeep Grewal Chief Executive Officer Source Agriculture Corp. 3064 Silver Sage Drive, Suite 150 Carson City, NV 89701 Re:Source Agriculture Corp. Amendment No. 1 to Offering Statement on Form 1-A Response dated May 15, 2024 File No. 024-12411 Dear Varandeep Grewal: We have reviewed your response and have the following comment. 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 May 14, 2024 letter. Response dated May 15, 2024 General 1.We note your response to prior comment 1. Please include a risk factor disclosing the potential legal risks, including risk of rescission, if the company is potentially effecting the offering through an unregistered broker-dealer.
FirstName LastNameVarandeep Grewal Comapany NameSource Agriculture Corp. May 23, 2024 Page 2 FirstName LastName Varandeep Grewal Source Agriculture Corp. May 23, 2024 Page 2 Please contact Ronald (Ron) E. Alper at 202-551-3329 or Brigitte Lippmann at 202-551- 3713 with any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Brian Geoghegan
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United States securities and exchange commission logo
May 23, 2024
Varandeep Grewal
Chief Executive Officer
Source Agriculture Corp.
3064 Silver Sage Drive, Suite 150
Carson City, NV 89701
Re:Source Agriculture Corp.
Amendment No. 1 to Offering Statement on Form 1-A
Response dated May 15, 2024
File No. 024-12411
Dear Varandeep Grewal:
We have reviewed your response and have the following comment.
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 May 14, 2024 letter.
Response dated May 15, 2024
General
1.We note your response to prior comment 1. Please include a risk factor disclosing the
potential legal risks, including risk of rescission, if the company is potentially effecting
the offering through an unregistered broker-dealer.
FirstName LastNameVarandeep Grewal
Comapany NameSource Agriculture Corp.
May 23, 2024 Page 2
FirstName LastName
Varandeep Grewal
Source Agriculture Corp.
May 23, 2024
Page 2
Please contact Ronald (Ron) E. Alper at 202-551-3329 or Brigitte Lippmann at 202-551-
3713 with any questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc: Brian Geoghegan