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