UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 1-U
CURRENT REPORT
Pursuant to Regulation A
Date of Report (Date of earliest event reported): January 31, 2022
Collectable Sports Assets, LLC |
(Exact name of issuer as specified in its charter)
Delaware | 84-4533006 | |
(State or other jurisdiction of incorporation | (I.R.S. Employer Identification No.) | |
or organization) |
333 Westchester Avenue
Suite W2100
White Plains, New York 10604
(Full Mailing Address of Principal Executive Offices)
Registrant's telephone number, including area code: (914) 372-7337
Title of each class of securities issued pursuant to Regulation A to which this Form applies:
Series #KOUFAXPSA8
Item 1. Fundamental Changes
Reference is made to the Consignment Agreement dated as of March 19, 2021 (the “Consignment Agreement”), which is filed as Exhibit 6.242 to the Offering Statement on Form 1-A of Collectable Sports Assets, LLC (the “Company”), as amended to date. On January 31, 2022, the Consignment Agreement was amended to reduce the consignment price of the asset from $42,500 to $39,000 and to extend the consignment date range through June 30, 2022. A copy of the amendment to the Consignment Agreement is filed as Exhibit 1.1 to this Current Report on Form U-1 and incorporated herein by reference.
As a result in the reduction in the purchase price of the Underlying Asset, the Company intends to reduce the volume of securities to be offered in Series #KOUFAXPSA8 and will file an appropriate Offering Statement under Rule 253(g)(2) reflecting that reduction.
EXHIBIT INDEX
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SIGNATURE
Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
COLLECTABLE SPORTS ASSETS, LLC | ||
By: | CS Asset Manager, its managing member | |
Date: January 31, 2022 | By: | /s/ Jarod Winters |
Chief Financial Officer |
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