Annual Report Pursuant to Regulation a (1-k)

Form 1-K Issuer Information

FORM 1-K

UNITED STATE

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 1-K

OMB APPROVAL

OMB Number:  ####-####

Estimated average burden hours per response: ##.#

1-K: Filer Information

Issuer CIK

0001795168 

Issuer CCC

XXXXXXXX 

Is filer a shell company?

o Yes x No

Is the electronic copy of an official filing submitted in paper format?

o

File Number

 

Is this filing by a successor company pursuant to Rule 257(b)(5) resulting from a merger or other business combination?

o Yes x No

Successor File Number

 

Is this a LIVE or TEST Filing?

x LIVE o TEST

Would you like a Return Copy?

o

Period

12-31-2022 

Submission Contact Information

Name

 

Phone

 

E-Mail Address

 

Notify via Filing Website only?

o

1-K: Tab 1 Notification

This Form 1-K is to provide an

x Annual Report o Special Financial Report for the fiscal year

Fiscal Year End

12-31-2022 

Exact name of issuer as specified in the issuer's charter

Otis Collection LLC 

CIK

0001795168 

Jurisdiction of Incorporation / Organization

DELAWARE  

I.R.S. Employer Identification Number

84-3316802 

Address of Principal Executive Offices

Address 1

6 Harrison St, 5th Flr 

Address 2

 

City

New York 

State/Country

NEW YORK  

Mailing Zip/ Postal Code

10013 

Phone

201-479-4408 

Title of each class of securities issued pursuant to Regulation A

Series Collection Drop 001 

1-K: Summary Information Regarding Prior Offering and Proceeds

Summary Information

oThe following information must be provided for any Regulation A offering that has terminated or completed prior to the filing of this Form 1-K, unless such information has been previously reported in a manner permissible under Rule 257. If such information has been previously reported, check this box and leave the rest of Part I blank.

Commission File Number of the offering statement

024-11521 

Date of qualification of the offering statement

06-24-2021 

Date of commencement of the offering

06-25-2021 

Amount of securities qualified to be sold in the offering

424140 

Amount of securities sold in the offering

424140 

Price per security

$ 1.0136 

The portion of aggregate sales attributable to securities sold on behalf of the issuer

$ 429900.00 

The portion of the aggregate sales attributable to securities sold on behalf of selling securityholders

$ 0.00 

Fees in connection with this offering and names of service providers.

Underwriters - Name of Service Provider

N/A

Underwriters - Fees

$ 0.00 

Sales Commissions - Name of Service Provider

N/A

Sales Commissions - Fee

$ 0.00 

Finders' Fees - Name of Service Provider

N/A

Finders' Fees - Fees

$ 0.00 

Audit - Name of Service Provider

Artesian CPA, LLC

FinAcct Consulting LLC

Audit - Fees

$ 24054.00 

Legal - Name of Service Provider

CrowdCheck Law LLP

Legal - Fees

$ 31360.00 

Promoters - Name of Service Provider

Dalmore Group, LLC

Promoters - Fees

$ 29299.00 

Blue Sky Compliance - Name of Service Provider

CrowdCheck Law LLP

Blue Sky Compliance - Fees

$ 0.00 

CRD Number of any broker or dealer listed

136352 

Net proceeds to the issuer

$ 425601.00 

Clarification of responses (if necessary)

Certain fees are paid by the manager of the company without reimbursement; Blue Sky compliance fees are included in Legal fees