IPO - Gin & Luck Inc.

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Form Type: CORRESP

Filing Date: 2025-01-06

Corporate Action: Ipo

Type: Update

Accession Number: 000168316825000121

Filing Summary: Gin & Luck Inc. filed a letter with the SEC in response to comments regarding their Draft Offering Statement on Form 1-A, originally filed on December 11, 2024. The letter addresses specific comments from the SEC staff received on December 26, 2024. Key revisions include an updated description of the material terms of short-term debt to be discharged using proceeds from the offering and updates to the financial condition discussion. The company has committed to improving transparency by ensuring its website reflects accurate financial information consistent with the offering circular. Additionally, there's mention of the closing of a previous Regulation Crowdfunding offering and plans to repurpose the website for ongoing offerings.

Document Link: View Document

Additional details:

Use Of Proceeds: material terms of short term debt will be discharged using offering proceeds

Management Discussion Analysis: expanded to provide further details on prior use of proceeds

Revenue Comparison: included for six-month periods ending June 30, 2024, and 2023

Auditor Consent: currently dated consent included in Exhibit 11

Website Revision: website revised to be consistent with the offering circular

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