SEC Comment Letter 0000000000-24-006257 to Auor Capital Fund V LLC (CIK 0002017115)
Auor Capital Fund V LLC (CIK 0002017115)
Date: May 30, 2024 · CIK: 0002017115 · Accession: 0000000000-24-006257
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Letter
United States securities and exchange commission logo May 30, 2024 Carl Kaeding President of Kaeding Development Group, LLC Auor Capital Fund V LLC 7900 International Drive, Suite 910 Bloomington, MN 55425 Re:Auor Capital Fund V LLC Amendment No. 1 to Draft Offering Statement on Form 1-A Submitted May 28, 2024 CIK No. 0002017115 Dear Carl Kaeding: Our initial review of your draft offering statement indicates that it fails in numerous material respects to comply with the requirements of Regulation A and Form 1-A. More specifically, you have failed to include financial statements required by paragraph (a)(2) of Part F/S of Form 1-A. In this regard, the financial statements must be prepared in accordance with US GAAP. We note that the included financial statements are incomplete as they do not include a cash flow statement and statement of stockholder’s equity for the period ended 4/30/2024 and do not include footnotes for both the 12/31/2023 and 4/30/2024 periods. We will provide more detailed comments relating to your draft offering statement following our review of a substantive amendment that addresses these deficiencies. Please contact Ronald (Ron) E. Alper at 202-551-3329 with any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Jeremy E. Warring
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United States securities and exchange commission logo
May 30, 2024
Carl Kaeding
President of Kaeding Development Group, LLC
Auor Capital Fund V LLC
7900 International Drive, Suite 910
Bloomington, MN 55425
Re:Auor Capital Fund V LLC
Amendment No. 1 to Draft Offering Statement on Form 1-A
Submitted May 28, 2024
CIK No. 0002017115
Dear Carl Kaeding:
Our initial review of your draft offering statement indicates that it fails in numerous
material respects to comply with the requirements of Regulation A and Form 1-A. More
specifically, you have failed to include financial statements required by paragraph (a)(2) of Part
F/S of Form 1-A. In this regard, the financial statements must be prepared in accordance with US
GAAP. We note that the included financial statements are incomplete as they do not include a
cash flow statement and statement of stockholder’s equity for the period ended 4/30/2024 and do
not include footnotes for both the 12/31/2023 and 4/30/2024 periods.
We will provide more detailed comments relating to your draft offering statement
following our review of a substantive amendment that addresses these deficiencies.
Please contact Ronald (Ron) E. Alper at 202-551-3329 with any questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc: Jeremy E. Warring