SEC Comment Letter 0000000000-24-006754 to Ark7 Properties Advance LLC (CIK 0002025051)
Ark7 Properties Advance LLC (CIK 0002025051)
Date: June 12, 2024 · CIK: 0002025051 · Accession: 0000000000-24-006754
AI Filing Summary & Sentiment
File numbers found in text: 024-12443
Letter
United States securities and exchange commission logo June 12, 2024 Yizhen Zhao Managing Member Ark7 Properties Advance LLC 1 Ferry Building, Ste 201 San Francisco, CA 94111 Re:Ark7 Properties Advance LLC Offering Statement on Form 1-A Filed June 5, 2024 File No. 024-12443 Dear Yizhen Zhao: This is to advise you that we do not intend to review your offering statement. 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. 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 with any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction
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United States securities and exchange commission logo
June 12, 2024
Yizhen Zhao
Managing Member
Ark7 Properties Advance LLC
1 Ferry Building, Ste 201
San Francisco, CA 94111
Re:Ark7 Properties Advance LLC
Offering Statement on Form 1-A
Filed June 5, 2024
File No. 024-12443
Dear Yizhen Zhao:
This is to advise you that we do not intend to review your offering statement.
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.
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 with any questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction