# EDGAR Filing Document

**Accession Number:** 0001946910
**File Stem:** 0001829126-23-001425
**Filing Date:** 2023-2
**Character Count:** 3708
**Document Hash:** 9c59cedb511316337c542b5b0d1cd57b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001829126-23-001425.hdr.sgml**: 20230605

**ACCESSION NUMBER**: 0001829126-23-001425

**CONFORMED SUBMISSION TYPE**: CORRESP

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Freeport Holdings Series LLC
- **CENTRAL INDEX KEY:** 0001946910
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-RETAIL STORES, NEC [5990]
- **IRS NUMBER:** 883850992
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**BUSINESS ADDRESS:**
- **STREET 1:** 1209 ORANGE STREET
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801
- **BUSINESS PHONE:** 3125155874

**MAIL ADDRESS:**
- **STREET 1:** 1209 ORANGE STREET
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801

![](corresp_001.jpg)

February 10, 2023

Division of Corporation Finance

Office of Trade and Services

Securities and Exchange Commission

Washington DC 20549

Attn: Alyssa Wall and Dietrich King

**Re: Freeport Holdings Series LLC**

**Amendment No. 1 to Offering Statement on Form 1-A**

**Filed January 24, 2023**

**File No. 024-12099**

Ladies and Gentlemen:

We acknowledge receipt of the comments in the letter dated February 6, 2023 from the staff of the Division of Corporate Finance (the "Staff") the regarding the Offering Statement on Form 1-A of Freeport Holdings Series LLC (the "Company"), which we have set out below, together with our responses.

<u>Amendment No. 1 to Offering Statement on Form 1-A</u>

<u>Q: What are the benefits of the tokens living on the blockchain?, page 8</u>

1. We
 note your amended disclosure in response to comment 2. Please clarify, if true, that there
 currently are no actual benefits aside from the visual representation of share ownership
 that may enhance the ownership experience.

*The Company confirms that as of the date of this amended filing, there are no actual benefits aside from the digital representation of share ownership as discussed in the offering circular.*

<u>Risk Factors, page 9</u>

2. We
 note your additional disclosure in response to comment 4 and reissue in part. Please add
 a new risk factor disclosing that investor funds could be held in escrow and stating how
 long they may be held in escrow. In doing so, please address whether investors could be subject
 to the risk of digital assets changing in value, and whether the magnitude of any such changes
 could be large due to market volatility.

*The Company has revised its refund policy to only provide for refunding of investments in fiat currency in the event that the Company does not achieve its minimum condition to close. As such, refunds of investments will not be subject to the risk of digital assets changing in value while funds are held in escrow.*

<u>Plan of Distribution</u>

<u>Digital Asset Payments, page 21</u>

3. We
 note your amended disclosure in response to comment 4. We note that the digital assets will
 be converted to fiat currency upon subscription and that investors may elect to receive their
 refunds in fiat currency via ACH or wire. Please clarify under what conditions the refunds
 may be returned in digital assets.

*The Company has revised its refund policy to only provide for refunding of investments in fiat currency in the event that the Company does not achieve its minimum condition to close.* 

Thank you again for the opportunity to respond to your questions to the Offering Statement of Freeport Holdings Series LLC. If you have additional questions or comments, please contact me at andrew@crowdchecklaw.com.

Sincerely,

*<u>/s/ Andrew Stephenson</u>*

Andrew Stephenson

Partner

CrowdCheck Law LLP

cc: Colin Johnson