# EDGAR Filing Document

**Accession Number:** 0001956060
**File Stem:** 0000000000-23-002659
**Filing Date:** 2023-3
**Character Count:** 6327
**Document Hash:** 42b11d04d7db1b88292d324c16b1fd6b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-002659.hdr.sgml**: 20230512

**ACCESSION NUMBER**: 0000000000-23-002659

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230316

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EXCEED TALENT CAPITAL HOLDINGS LLC
- **CENTRAL INDEX KEY:** 0001956060
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
- **IRS NUMBER:** 921482684
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 160 VARICK STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013
- **BUSINESS PHONE:** 917-985-8551

**MAIL ADDRESS:**
- **STREET 1:** 160 VARICK STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001683168-23-000073

## Text-Extract

```

United States securities and exchange commission logo

                             March 16, 2023

       Anthony Martini
       President
       Exceed Talent Capital Holdings LLC
       160 Varick Street
       New York, NY 10013

                                                        Re: Exceed Talent
Capital Holdings LLC
                                                            Amendment No. 1 to
Offering Statement on Form 1-A
                                                            Filed February 13,
2023
                                                            File No. 024-12122

       Dear Anthony Martini:

             We have reviewed your amended offering statement and have the
following
       comments. In some of our comments, we may ask you to provide us with
information so we
       may better understand your disclosure.

              Please respond to this letter by amending your offering statement
and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your offering statement and the
information you
       provide in response to these comments, we may have additional comments.
Unless we note
       otherwise, our references to prior comments are to comments in our
February 1, 2023 letter.

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

       The Company's Business, page 37

   1.                                                   We reissue comment 3.
Please describe the material terms of your standard agreements to
                                                        purchase TRAs and any
agreements relating to the management of the royalty-generating
                                                        activities. Please also
file the forms of purchase agreements to purchase the TRAs for
                                                        each of Series Bedtime,
Series Big Havi, Series Luh Moody, Series DaylinXL, and Series
                                                        Envy, and any related
management agreements, as exhibits to your offering statement.
                                                        Alternatively, tell us
why you are not required to do so under Item 17.6(a) of Form 1-A,
                                                        including whether any
Series has a beneficial interest in such TRAs.
   2.                                                   We note your response
to comment 5 and reissue the comment. In this regard, we note
                                                        that we disagree with
your analysis of the first two elements of the    Howey Test    and that
 Anthony Martini
Exceed Talent Capital Holdings LLC
March 16, 2023
Page 2
      your analysis as to the third and fourth elements is too conclusory and
does not adequately
      address the potential benefits of membership, the transferability of the
NFTs, or the efforts
      of the managing member in operating the program. In responding to this
comment, please
      address Gary Plastic Packaging Corp. v. Merill Lynch, 756 F.2d 230 (2d
Cir. 1985) and
      LA Fan Club, Inc. Membership Program (Jun. 28, 2017).
Exceed Rookie Class NFTs, page 38

3.    We note your revised disclosure in response to comment 4. Please further
revise to
      include all of the benefits conferred on Rookie Class NFT holders that
are described in
      your TTW materials. In this regard, we note that you only reference
CNDUCTR stem
      players, yet you list four benefits on page 10 of Exhibit 13.1. Please
also revise your
      disclosure to describe the differences between the Exceed Rookie Class
NFTs and the
      other NFTs to be offered by the Managing Member.
4.    Please tell us what rights the    Rookie Class    NFT holder has with
respect to the
      downloaded songs and any derivations the holder may create using the
CNUDCTR stem
      player. In this regard, we note the statement that    Users can record
and download their
      own versions of songs straight from their NFT in Opensea, Looksrare or
any other NFT
      marketplace.
General

5.    We note your response to comment 7 and reissue this comment. In this
regard we note
      that we disagree with your analysis of the second element of the    Howey
Test    and that
      your analysis as to the fourth element is too conclusory and does not
adequately address
      how the song recordings can be exploited and by whom, in particular who
will have the
      rights/ability to exploit the song recordings. For example, who
determines whether a
      particular song recording is licensed for use in a broadcast?
       Please contact Taylor Beech at 202-551-4515 or Erin Jaskot at
202-551-3442 with any
questions.

                                                            Sincerely,
FirstName LastNameAnthony Martini
                                                            Division of
Corporation Finance
Comapany NameExceed Talent Capital Holdings LLC
                                                            Office of Trade &
Services
March 16, 2023 Page 2
cc:       Andrew Stephenson, Esq.
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

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