MDB Capital Group, LLC
401 Wilshire Boulevard, Suite 1020
Santa Monica, CA 90401
March 24, 2014
Securities and Exchange Commission
100 F. Street, N.E.
Washington, D.C. 20549
Re: | Energous Corporation |
Registration Statement on Form S-1 | |
File No. 333-193522 |
Ladies and Gentlemen:
In accordance with the provisions of Rule 460 under the Securities Act of 1933, MDB Capital Group, LLC, as underwriter of the proposed public offering of shares of Common Stock of Energous Corporation, distributed copies of the Preliminary Prospectus dated March 21, 2014 as follows:
(1) | 150 copies to institutions; |
(2) | 50 copies to FINRA members; and |
(3) | 250 copies to individual investors. |
We have been informed by participating dealers that, in accordance with Rule 15c2-8 under the Securities Exchange Act of 1934, copies of the Preliminary Prospectus dated March 21, 2014 are being distributed to all persons to whom it is expected confirmations of a sale will be sent; and we likewise so distributed copies to all customers of ours.
We have adequate capital to underwrite a “firm commitment.”
Very truly yours,
MDB Capital Group, LLC
By: /s/ Gary Schuman
Gary Schuman
CFO & CCO