0001104659-21-004575.txt : 20210216 0001104659-21-004575.hdr.sgml : 20210216 20210115120657 ACCESSION NUMBER: 0001104659-21-004575 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20210115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: William Penn Bancorporation CENTRAL INDEX KEY: 0001828376 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 10 CANAL STREET STREET 2: SUITE 104 CITY: BRISTOL STATE: PA ZIP: 19007 BUSINESS PHONE: 267-540-8500 MAIL ADDRESS: STREET 1: 10 CANAL STREET STREET 2: SUITE 104 CITY: BRISTOL STATE: PA ZIP: 19007 CORRESP 1 filename1.htm

 

 

 

 

 

Suite 900 607 14th St., NW

Washington DC 20005-2018

t 202 508 5800 f 202 508 5858

 

 

 

January 15, 2021

 

direct dial 202 508 5893

direct fax 202 204 5616

gbronstein@kilpatricktownsend.com

 

VIA EDGAR

 

Division of Corporation Finance

Office of Finance

U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

 

Re:William Penn Bancorporation
Pre-Effective Amendment No. 2 to Registration Statement on Form S-1
Filed January 13, 2021
File No. 333-249492

 

Dear Sir or Madam:

 

On behalf of William Penn Bancorporation (the “Company”), enclosed for filing is Pre-Effective Amendment No. 3 to the above referenced Registration Statement on Form S-1 (the “Amended Registration Statement”), including exhibits, marked pursuant to Rule 472 under the Securities Act of 1933, as amended, to indicate changes from Pre-Effective Amendment No. 2 to the Registration Statement on Form S-1 filed on January 13, 2021 ( “Amendment No. 2”).

 

The Amended Registration Statement is filed in response to the staff’s comment letter issued on January 14, 2021 with respect to Amendment No. 2. To aid in your review, we have repeated the staff’s comment followed by the Company’s response and indicated where the Amended Registration Statement has been revised in response to such comment.

 

Amendment No. 2 to Registration Statement on Form S-1

 

General

 

1.We note your response to our comment issued December 23, 2020 and we re-issue the comment in part. As you are registering the participation interests and the underlying plan securities, your legal opinion should separately address the participation interests. Refer to Staff Legal Bulletin No. 19 at II.B.1.f, and related footnote 23.

 

 

 

 

Division of Corporation Finance

Office of Finance

U.S. Securities and Exchange Commission

January 15, 2021

Page 2

 

Response to Comment No. 1:

 

Please see the revised legal opinion included as Exhibit 5.0 to the Amended Registration Statement.

 

*               *               *

 

If you have any questions or further comments on the Amended Registration Statement, please contact the undersigned at 202.508.5893.

 

  Very truly yours,
   
  KILPATRICK TOWNSEND & STOCKTON LLP
   
  /s/ Gary R. Bronstein  
   
  Gary R. Bronstein

 

Enclosures

 

cc:  Julie Griffith, U.S. Securities and Exchange Commission
   Susan Block, U.S. Securities and Exchange Commission
   Kenneth J. Stephon, William Penn Bancorporation
   Stephen F. Donahoe, Kilpatrick Townsend & Stockton LLP

 

 

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