# EDGAR Filing Document

**Accession Number:** 0001832460
**File Stem:** 0000000000-23-000015
**Filing Date:** 2023-1
**Character Count:** 15296
**Document Hash:** 9932de085ac2deeca4b950369980ff00
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-000015.hdr.sgml**: 20230912

**ACCESSION NUMBER**: 0000000000-23-000015

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230103

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Robot Cache US Inc.
- **CENTRAL INDEX KEY:** 0001832460
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **IRS NUMBER:** 825320942
- **STATE OF INCORPORATION:** DE

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

**BUSINESS ADDRESS:**
- **STREET 1:** 5910 PACIFIC CENTER BOULEVARD, SUITE 310
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92121
- **BUSINESS PHONE:** 8582524001

**MAIL ADDRESS:**
- **STREET 1:** 5910 PACIFIC CENTER BOULEVARD, SUITE 310
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92121
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001493152-22-034620

## Text-Extract

```

United States securities and exchange commission logo

                            January 3, 2023

       Lee Jacobson
       Chief Executive Officer
       Robot Cache US Inc.
       4330 La Jolla Village Drive, Suite 200
       San Diego, California 92122

                                                        Re: Robot Cache US Inc.
                                                            Post-Effective
Amendment to the Offering Statement on Form 1-A
                                                            Filed December 6,
2022
                                                            File No. 024-11954

       Dear Lee Jacobson:

             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.

       Post-Effective Amendment to the Offering Statement on Form 1-A Filed
December 6, 2022

       Risk Factors, page 6

   1.                                                   Please discuss how
recent market events, including the bankruptcies of certain crypto
                                                        market participants,
and the downstream effects of those events have impacted or may
                                                        impact your business,
service providers, counterparties and market in which you operate,
                                                        either directly or
indirectly. For example, discuss the potential impact of the platform
                                                        limiting its services
or ability for users to earn IRON as a result of these events.
   2.                                                   To the extent material,
discuss any reputational harm you may face in light of the recent
                                                        disruption in the
crypto asset markets. For example, discuss how market conditions have
                                                        affected how your
business is perceived by customers, counterparties, and regulators, and
                                                        whether there is a
material impact on your operations or financial condition.
 Lee Jacobson
FirstName  LastNameLee Jacobson
Robot Cache  US Inc.
Comapany
January    NameRobot Cache US Inc.
        3, 2023
January
Page 2 3, 2023 Page 2
FirstName LastName
3.       Describe any material risks related to safeguarding your crypto
assets. Describe any
         material risks to your business and financial condition if your
policies and procedures
         surrounding the safeguarding of crypto assets, conflicts of interest,
or comingling of assets
         are not effective.
4.       To the extent material, describe any gaps your board or management
have identified with
         respect to risk management processes and policies in light of current
crypto asset market
         conditions as well as any changes they have made to address those
gaps.
5.       To the extent material, describe any of the following risks due to
disruptions in the crypto
         asset markets:

                Risk from depreciation in your stock price.
                Risk of loss of customer demand for your products and services.
                Financing risk, including equity and debt financing.
                Risk of increased losses or impairments in your investments or
other assets.
                Risks of legal proceedings and government investigations,
pending or known to be
              threatened, in the United States or in other jurisdictions
against you or your affiliates.
                Risks from price declines or price volatility of crypto assets.
Description of Business, page 24

6.       If material to an understanding of your business, discuss any steps
you take to safeguard
         your customers    crypto assets and describe any policies and
procedures that are in place to
         prevent self-dealing and other potential conflicts of interest.
Describe any policies and
         procedures you have regarding the commingling of assets, including
customer assets, your
         assets, and those of affiliates or others. Identify what material
changes, if any, have been
         made to your processes in light of the current crypto asset market
disruption.
7.       We note your disclosure on page 24 that "the Company is able to select
from a number of
         blockchains    to validate transactions. We also note your statements
on page F-9 that the
         Company earns revenue by providing resources to the CSPR blockchain
network and that
         the Company is awarded tokens for rendering these services. Please
revise as follows:

                affirmatively identify all of the crypto assets that you mine,
hold, or transact in;
                discuss your intentions to mine, hold, or transact in any other
crypto assets and
              update this disclosure in future filings as appropriate;
                describe your process, if any, for analyzing whether a
particular crypto asset that you
              intend to mine, hold, or transact in is a "security" within the
meaning of Section
              2(a)(1) of the Securities Act. Disclose that this is a risk-based
judgment and does not
              constitute a legal determination binding on regulators or the
courts; and
                expand your risk factors to describe the specific potential
consequences to you and to
              investors if it is subsequently determined that you have
participated in the
              unregistered issuance or distribution of securities, including
the specific risks inherent
              in your business model that may necessitate corrective measures
as a result of judicial
              or regulatory actions. Prominently disclose this risk in the
Summary.
 Lee Jacobson
Robot Cache US Inc.
January 3, 2023
Page 3
Management's Discussion and Analysis of Financial Condition and Results of
Operations, page
25

8.    You state the company anticipates that it would determine each month
whether or not to
      convert such cryptocurrency into cash or hold it in trust at either
Coinbase or another
      cryptocurrency exchange. Please discuss the factors that will be
considered by the
      company to determine whether to hold it in trust or to convert into fiat
currency.
Sources of Revenue, page 28

9.    Please clarify the percentage of revenue that is generated from your
three sources of
      revenue for all periods presented: (i) sale of games; (ii) mining
activities; and (iii) third-
      party advertising.
General

10.   Provide disclosure of any significant crypto asset market developments
material to
      understanding or assessing your business, financial condition and results
of operations, or
      share price since your last reporting period, including any material
impact from the price
      volatility of crypto assets.
       You may contact Charli Gibbs-Tabler, Staff Attorney, at 202-551-6388 or
Jan Woo,
Legal Branch Chief, at 202-551-3453 with any other questions.

                                                              Sincerely,
FirstName LastNameLee Jacobson
                                                              Division of
Corporation Finance
Comapany NameRobot Cache US Inc.
                                                              Office of
Technology
January 3, 2023 Page 3
cc:       Gary Ross
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

DIVISION OF
CORPORATION FINANCE

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

January 3, 2023

Lee Jacobson
Chief Executive Officer
Robot Cache US Inc.
4330 La Jolla Village Drive, Suite 200
San Diego, California 92122

Re: Robot Cache US Inc.

Post-Effective Amendment to the Offering Statement on Form 1-A

Filed December 6, 2022

File No. 024-11954

Dear Lee Jacobson:

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.

Post-Effective Amendment to the Offering Statement on Form 1-A Filed December 6, 2022

Risk Factors, page 6

1. Please discuss how recent market events, including the bankruptcies of certain crypto market participants, and the downstream effects of those events have impacted or may impact your business, service providers, counterparties and market in which you operate, either directly or indirectly. For example, discuss the potential impact of the platform limiting its services or ability for users to earn IRON as a result of these events.
2. To the extent material, discuss any reputational harm you may face in light of the recent disruption in the crypto asset markets. For example, discuss how market conditions have affected how your business is perceived by customers, counterparties, and regulators, and whether there is a material impact on your operations or financial condition.

Lee Jacobson
Robot Cache US Inc.
January 3, 2023
Page 2

3. Describe any material risks related to safeguarding your crypto assets. Describe any material risks to your business and financial condition if your policies and procedures surrounding the safeguarding of crypto assets, conflicts of interest, or comingling of assets are not effective.

4. To the extent material, describe any gaps your board or management have identified with respect to risk management processes and policies in light of current crypto asset market conditions as well as any changes they have made to address those gaps.

5. To the extent material, describe any of the following risks due to disruptions in the crypto asset markets:

- Risk from depreciation in your stock price.
- Risk of loss of customer demand for your products and services.
- Financing risk, including equity and debt financing.
- Risk of increased losses or impairments in your investments or other assets.
- Risks of legal proceedings and government investigations, pending or known to be threatened, in the United States or in other jurisdictions against you or your affiliates.
- Risks from price declines or price volatility of crypto assets.

Description of Business, page 24

6. If material to an understanding of your business, discuss any steps you take to safeguard your customers' crypto assets and describe any policies and procedures that are in place to prevent self-dealing and other potential conflicts of interest. Describe any policies and procedures you have regarding the comingling of assets, including customer assets, your assets, and those of affiliates or others. Identify what material changes, if any, have been made to your processes in light of the current crypto asset market disruption.

7. We note your disclosure on page 24 that "the Company is able to select from a number of blockchains" to validate transactions. We also note your statements on page F-9 that the Company earns revenue by providing resources to the CSPR blockchain network and that the Company is awarded tokens for rendering these services. Please revise as follows:

- affirmatively identify all of the crypto assets that you mine, hold, or transact in;
- discuss your intentions to mine, hold, or transact in any other crypto assets and update this disclosure in future filings as appropriate;
- describe your process, if any, for analyzing whether a particular crypto asset that you intend to mine, hold, or transact in is a "security" within the meaning of Section 2(a)(1) of the Securities Act. Disclose that this is a risk-based judgment and does not constitute a legal determination binding on regulators or the courts; and
- expand your risk factors to describe the specific potential consequences to you and to investors if it is subsequently determined that you have participated in the unregistered issuance or distribution of securities, including the specific risks inherent in your business model that may necessitate corrective measures as a result of judicial or regulatory actions. Prominently disclose this risk in the Summary.

Lee Jacobson
Robot Cache US Inc.
January 3, 2023
Page 3

Management's Discussion and Analysis of Financial Condition and Results of Operations, page 25

8. You state the company anticipates that it would determine each month whether or not to convert such cryptocurrency into cash or hold it in trust at either Coinbase or another cryptocurrency exchange. Please discuss the factors that will be considered by the company to determine whether to hold it in trust or to convert into fiat currency.

Sources of Revenue, page 28

9. Please clarify the percentage of revenue that is generated from your three sources of revenue for all periods presented: (i) sale of games; (ii) mining activities; and (iii) third-party advertising.

General

10. Provide disclosure of any significant crypto asset market developments material to understanding or assessing your business, financial condition and results of operations, or share price since your last reporting period, including any material impact from the price volatility of crypto assets.

You may contact Charli Gibbs-Tabler, Staff Attorney, at 202-551-6388 or Jan Woo, Legal Branch Chief, at 202-551-3453 with any other questions.

Sincerely,

Division of Corporation Finance
Office of Technology

cc: Gary Ross