Company: VTBAS
Filing Date: 2025-09-29
Form Type: 1-SA
Source: 0001493152-25-016012
Chunk: 0

Company: Vestible Assets, LLC
Filing Date: 2025-09-29
Form: 1-SA
Chunk 0
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<div align='center'>UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 1-SA

SEMIANNUAL REPORT PURSUANT TO REGULATION A

For the fiscal period ended June 30, 2025

VESTIBLE ASSETS, LLC

(Exact name of issuer as specified in its Certificate of Formation)</div>

| Delaware                 |     | 93-2084697     |
| (State                   
 or other jurisdiction of |     | (I.R.S.        
 Employer       |
| incorporation            
 or organization)         |     | Identification 
 No.)           |

| 5440                                    
 West 110th Street, Suite 300            
 Overland                                
 Park, Kansas 66211                      |
| (Mailing                                
 address of principal executive offices) |

<div align='center'>(913) 535-6004

Registrant’s telephone number, including area code

Vestible Assets, LLC, Series BDBR

(Title of each class of securities issued pursuant to Regulation A)</div>

<div align='center'>TABLE OF CONTENTS</div>

|                                                                                              | Page |
| ITEM 1. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION |    4 |
| ITEM 2. OTHER INFORMATION                                                                    |    6 |
| ITEM 3. FINANCIAL STATEMENTS                                                                 |    6 |
| ITEM 4. EXHIBITS                                                                             |    7 |

| 2 |

<div align='center'>CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS</div>

The information contained in this Semiannual Report includes some statements that are not historical and that are considered “forward-looking statements.” Such forward-looking statements include, but are not limited to, statements regarding our strategies and business outlook; expectations regarding potential Brand Income to be earned by the individual athletes, and the potential Brand Amounts underlying Brand Agreements; anticipated development and administration of our company, the manager, each series of our company and the Vestible platform; and various other matters (including contingent liabilities and obligations and changes in accounting policies, standards and interpretations). These forward-looking statements express the manager’s expectations, hopes, beliefs, and intentions regarding the future. In addition, without limiting the foregoing, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipates,” “believes,” “