SEC Comment Letter 0000000000-24-000908 to WORTHY WEALTH, INC. (CIK 0002007516)
WORTHY WEALTH, INC. (CIK 0002007516)
Date: Jan. 23, 2024 · CIK: 0002007516 · Accession: 0000000000-24-000908
AI Filing Summary & Sentiment
File numbers found in text: 024-12388
Letter
United States securities and exchange commission logo January 23, 2024 Sally Outlaw Chief Executive Officer Worthy Wealth, Inc. 11175 Cicero Drive, Suite 100 Alpharetta, Georgia 30022 Re:Worthy Wealth, Inc. Offering Statement on Form 1-A Filed January 10, 2024 File No. 024-12388 Dear Sally Outlaw: Our initial review of your offering statement indicates that it fails in numerous material respects to comply with the requirements of Regulation A and Form 1-A. More specifically, we note your disclosure on page 41 that on December 11, 2023, you entered into the Securities Purchase Agreement pursuant to which you intend to acquire Worthy Property Bonds Inc. and Worthy Property Bonds 2, Inc. and their wholly owned subsidiaries. As it appears these are probable acquisitions, please present pro forma financial information to reflect the acquisitions in addition to financial statements required by Rule 8-04 of Regulation S- X. Reference is made to Part F/S of Form 1-A. We will provide more detailed comments relating to your offering statement following our review of a substantive amendment that addresses these deficiencies. Please contact Ruairi Regan at 202-551-3269 with any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Frank Borger Gilligan, Esq.
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United States securities and exchange commission logo
January 23, 2024
Sally Outlaw
Chief Executive Officer
Worthy Wealth, Inc.
11175 Cicero Drive, Suite 100
Alpharetta, Georgia 30022
Re:Worthy Wealth, Inc.
Offering Statement on Form 1-A
Filed January 10, 2024
File No. 024-12388
Dear Sally Outlaw:
Our initial review of your offering statement indicates that it fails in numerous material
respects to comply with the requirements of Regulation A and Form 1-A. More specifically, we
note your disclosure on page 41 that on December 11, 2023, you entered into the Securities
Purchase Agreement pursuant to which you intend to acquire Worthy Property Bonds Inc. and
Worthy Property Bonds 2, Inc. and their wholly owned subsidiaries. As it appears these
are probable acquisitions, please present pro forma financial information to reflect the
acquisitions in addition to financial statements required by Rule 8-04 of Regulation S-
X. Reference is made to Part F/S of Form 1-A.
We will provide more detailed comments relating to your offering statement following
our review of a substantive amendment that addresses these deficiencies.
Please contact Ruairi Regan at 202-551-3269 with any questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc: Frank Borger Gilligan, Esq.